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Shih Wei Navigation Co (TPE:5608) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is Shih Wei Navigation Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shih Wei Navigation Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$9,484 Mil. Shih Wei Navigation Co's Total Assets for the quarter that ended in Dec. 2023 was NT$21,148 Mil. Therefore, Shih Wei Navigation Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

The historical rank and industry rank for Shih Wei Navigation Co's Equity-to-Asset or its related term are showing as below:

TPE:5608' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.45
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Shih Wei Navigation Co was 0.45. The lowest was 0.16. And the median was 0.25.

TPE:5608's Equity-to-Asset is ranked worse than
54.9% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs TPE:5608: 0.45

Shih Wei Navigation Co Equity-to-Asset Historical Data

The historical data trend for Shih Wei Navigation Co'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.

Shih Wei Navigation Co Equity-to-Asset Chart

Shih Wei Navigation Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.16 0.28 0.40 0.45

Shih Wei Navigation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.40 0.40 0.45 0.45

Competitive Comparison of Shih Wei Navigation Co's Equity-to-Asset

For the Marine Shipping subindustry, Shih Wei Navigation Co'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.


Shih Wei Navigation Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shih Wei Navigation Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shih Wei Navigation Co's Equity-to-Asset falls into.



Shih Wei Navigation Co 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.

Shih Wei Navigation Co'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
=9483.668/21147.826
=0.45

Shih Wei Navigation Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=9483.668/21147.826
=0.45

* 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.


Shih Wei Navigation Co  (TPE:5608) 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%.


Shih Wei Navigation Co Equity-to-Asset Related Terms

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


Shih Wei Navigation Co (TPE:5608) Business Description

Traded in Other Exchanges
N/A
Address
No. 167, Fusing North Road, 16th Floor, Song-Shan District, Taipei, TWN, 10547
Shih Wei Navigation Co Ltd is a Taiwan-based company, that engages in the provision of shipping-related services. Its business includes the international shipping industry, bulk carrier leasing, and cargo transportation of bulk timber, steel, and ores. Its shipping agency industries such as cargo handling, crew loan allocation, ship repair projects, marine materials, arrangements, and other projects. Its vessel type includes Panamax, Supramax, Handy, Multi-Purpose, and Log Carriers. The company's operating segment includes Shipping and Tourist. It generates maximum revenue from the Shipping segment. Geographically, it derives a majority of its revenue from Asia.

Shih Wei Navigation Co (TPE:5608) Headlines

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