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Chant Sincere Co (TPE:6205) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Chant Sincere Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chant Sincere Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,483 Mil. Chant Sincere Co's Total Assets for the quarter that ended in Mar. 2024 was NT$3,855 Mil. Therefore, Chant Sincere Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

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

TPE:6205' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.7   Max: 0.83
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Chant Sincere Co was 0.83. The lowest was 0.56. And the median was 0.70.

TPE:6205's Equity-to-Asset is ranked better than
62.65% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:6205: 0.64

Chant Sincere Co Equity-to-Asset Historical Data

The historical data trend for Chant Sincere 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.

Chant Sincere Co Equity-to-Asset Chart

Chant Sincere 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 0.78 0.67 0.76 0.75 0.68

Chant Sincere Co 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 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 0.69 0.73 0.83 0.68 0.64

Competitive Comparison of Chant Sincere Co's Equity-to-Asset

For the Electronic Components subindustry, Chant Sincere 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.


Chant Sincere Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chant Sincere Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chant Sincere Co's Equity-to-Asset falls into.



Chant Sincere 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.

Chant Sincere 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
=2507.143/3675.022
=0.68

Chant Sincere Co'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
=2483.312/3854.734
=0.64

* 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.


Chant Sincere Co  (TPE:6205) 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%.


Chant Sincere Co Equity-to-Asset Related Terms

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


Chant Sincere Co (TPE:6205) Business Description

Traded in Other Exchanges
N/A
Address
Datong Road, 7th Floor, No. 188, Section 3, Yuzhi District, Hsi Chih, Taipei, TWN, 221
Chant Sincere Co Ltd is mainly engaged in the design and manufacturing of connectors and cables. It offers full lines of connectors for a digital photo frame, card reader, STB, MFP, medical, PND, IPC, storage, desktop/NB, mobile phone, etc. The company's products used in computer and PC peripherals, industrial, communications, automotive, waterproof, consumer electronics, medical and other industries.

Chant Sincere Co (TPE:6205) Headlines

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