CCSC Technology International Holdings (CCSC Technology International Holdings) Equity-to-Asset : 0.65 (As of Sep. 2023)

View and export this data going back to 2024. Start your Free Trial

What is CCSC Technology International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CCSC Technology International Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.70 Mil. CCSC Technology International Holdings's Total Assets for the quarter that ended in Sep. 2023 was $16.51 Mil. Therefore, CCSC Technology International Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.65.

The historical rank and industry rank for CCSC Technology International Holdings's Equity-to-Asset or its related term are showing as below:

CCTG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.59 Max: 0.65
Current: 0.65

During the past 3 years, the highest Equity to Asset Ratio of CCSC Technology International Holdings was 0.65. The lowest was 0.49. And the median was 0.59.

CCTG's Equity-to-Asset is ranked better than
66.25% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs CCTG: 0.65

CCSC Technology International Holdings Equity-to-Asset Historical Data

The historical data trend for CCSC Technology International Holdings'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.

CCSC Technology International Holdings Equity-to-Asset Chart

CCSC Technology International Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.49

0.58

0.64

CCSC Technology International Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.58	0.59	0.64	0.65

Competitive Comparison of CCSC Technology International Holdings's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, CCSC Technology International Holdings'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.

CCSC Technology International Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CCSC Technology International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CCSC Technology International Holdings's Equity-to-Asset falls into.

CCSC Technology International Holdings 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.

CCSC Technology International Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.919	/	16.963
	=	0.64

CCSC Technology International Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.701	/	16.512
	=	0.65

CCSC Technology International Holdings (NAS:CCTG) 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%.

CCSC Technology International Holdings Equity-to-Asset Related Terms

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

CCSC Technology International Holdings (CCSC Technology International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CCSC Technology International Holdings Ltd (NAS:CCTG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

CCSC Technology International Holdings Ltd is a company primarily involved in the sale, design and manufacturing of interconnect products, including connectors, cables and wire harnesses. They specialize in customized interconnect products, including connectors, cables and harnesses that are used for a range of applications in a diversified set of industries, including industrial, automotive, robotics, medical equipment, computer, network and telecommunication, and consumer products.

CCSC Technology International Holdings (CCSC Technology International Holdings) Headlines

From GuruFocus

CCSC Technology International Holdings Limited Appoints Jung Yi Chiu as Chief Strategy Officer

By Marketwired • 04-25-2024