Emerging Display Technologies (TPE:3038) Equity-to-Asset : 0.59 (As of Mar. 2024)

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What is Emerging Display Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emerging Display Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,492 Mil. Emerging Display Technologies's Total Assets for the quarter that ended in Mar. 2024 was NT$4,221 Mil. Therefore, Emerging Display Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.59.

The historical rank and industry rank for Emerging Display Technologies's Equity-to-Asset or its related term are showing as below:

TPE:3038' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.53 Max: 0.62
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Emerging Display Technologies was 0.62. The lowest was 0.49. And the median was 0.53.

TPE:3038's Equity-to-Asset is ranked better than
54.24% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:3038: 0.59

Emerging Display Technologies Equity-to-Asset Historical Data

The historical data trend for Emerging Display Technologies's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Emerging Display Technologies Equity-to-Asset Chart

Emerging Display Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.52

0.54

0.57

0.53

0.62

Emerging Display Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.51	0.55	0.60	0.62	0.59

Competitive Comparison of Emerging Display Technologies's Equity-to-Asset

For the Electronic Components subindustry, Emerging Display Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Emerging Display Technologies's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's Equity-to-Asset falls into.

Emerging Display Technologies Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Emerging Display Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2588.225	/	4153.643
	=	0.62

Emerging Display Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2491.782	/	4221.242
	=	0.59

Emerging Display Technologies (TPE:3038) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Emerging Display Technologies Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Emerging Display Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Emerging Display Technologies (TPE:3038) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Emerging Display Technologies Corp (TPE:3038) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Central 1st Road, Qianzhen District, Kaohsiung City, TWN

Website

https://www.edtc.com

Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panel and liquid crystal displays (LCDs). Its operating segments include the domestic segment, the North America segment, and the mainland China segment. The domestic segment engages in designing, manufacturing, and selling liquid crystal displays modules and capacitive touch panel, and functions as operating headquarters of the Group. The North America segment mainly expands the North American trading business and implements marketing functions in North America. The North America segment engages in the sale of liquid crystal displays provided by the domestic segment. The mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment.

Emerging Display Technologies (TPE:3038) Headlines

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