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Prosperity Dielectrics Co (ROCO:6173) Equity-to-Asset : 0.82 (As of Mar. 2024)


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What is Prosperity Dielectrics Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prosperity Dielectrics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$7,085 Mil. Prosperity Dielectrics Co's Total Assets for the quarter that ended in Mar. 2024 was NT$8,691 Mil. Therefore, Prosperity Dielectrics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.

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

ROCO:6173' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.72   Max: 0.82
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Prosperity Dielectrics Co was 0.82. The lowest was 0.61. And the median was 0.72.

ROCO:6173's Equity-to-Asset is ranked better than
79.02% of 1001 companies
in the Semiconductors industry
Industry Median: 0.62 vs ROCO:6173: 0.82

Prosperity Dielectrics Co Equity-to-Asset Historical Data

The historical data trend for Prosperity Dielectrics 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.

Prosperity Dielectrics Co Equity-to-Asset Chart

Prosperity Dielectrics 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 0.71 0.65 0.71 0.73 0.80

Prosperity Dielectrics 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 0.76 0.75 0.79 0.80 0.82

Competitive Comparison of Prosperity Dielectrics Co's Equity-to-Asset

For the Semiconductors subindustry, Prosperity Dielectrics 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.


Prosperity Dielectrics Co's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Prosperity Dielectrics Co's Equity-to-Asset distribution charts can be found below:

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



Prosperity Dielectrics 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.

Prosperity Dielectrics 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
=6801.532/8508.23
=0.80

Prosperity Dielectrics 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
=7085.359/8690.798
=0.82

* 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.


Prosperity Dielectrics Co  (ROCO:6173) 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%.


Prosperity Dielectrics Co Equity-to-Asset Related Terms

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Prosperity Dielectrics Co (ROCO:6173) Business Description

Traded in Other Exchanges
N/A
Address
Section 2, Nanshan Road, No.220-1 , Lujhu District, Taoyuan, TWN, 33860
Prosperity Dielectrics Co Ltd is a manufacturer and exporter of ceramic dielectric powders and multilayer ceramic chip capacitors in Taiwan. It is engaged in the manufacture and sale of specific application electronic ceramic products. It's product portfolio consist of mutilayer ceramic capacitors; chip resistors; ceramic dielectrical powder, Wafer capacitance, chip resistance, dielectric porcelain powder, semi-conductive ceramic, coil and inductor.

Prosperity Dielectrics Co (ROCO:6173) Headlines

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