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Asia Vital Components Co (TPE:3017) Equity-to-Asset : 0.29 (As of Mar. 2024)


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What is Asia Vital Components Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asia Vital Components Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$21,496 Mil. Asia Vital Components Co's Total Assets for the quarter that ended in Mar. 2024 was NT$74,786 Mil. Therefore, Asia Vital Components Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.29.

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

TPE:3017' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.35
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of Asia Vital Components Co was 0.35. The lowest was 0.22. And the median was 0.30.

TPE:3017's Equity-to-Asset is ranked worse than
86.54% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:3017: 0.29

Asia Vital Components Co Equity-to-Asset Historical Data

The historical data trend for Asia Vital Components 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.

Asia Vital Components Co Equity-to-Asset Chart

Asia Vital Components 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 0.25 0.25 0.24 0.26 0.31

Asia Vital Components 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 0.27 0.31 0.31 0.31 0.29

Competitive Comparison of Asia Vital Components Co's Equity-to-Asset

For the Electronic Components subindustry, Asia Vital Components 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.


Asia Vital Components Co's Equity-to-Asset Distribution in the Hardware Industry

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

* The bar in red indicates where Asia Vital Components Co's Equity-to-Asset falls into.



Asia Vital Components 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.

Asia Vital Components 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
=22029.677/71667.217
=0.31

Asia Vital Components 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
=21495.805/74786.249
=0.29

* 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.


Asia Vital Components Co  (TPE:3017) 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%.


Asia Vital Components Co Equity-to-Asset Related Terms

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Asia Vital Components Co (TPE:3017) Business Description

Traded in Other Exchanges
N/A
Address
No.248-27, Xinsheng Road, Qianzhen District, Kaohsiung, TWN, 806
Asia Vital Components Co Ltd is a components manufacturer company. It has a large product portfolio consisting of cooling products, fans and blowers, casings, hinges, camera modules, touch panels, and system assembly solutions. The cooling technology used by the firm ranges from natural convection, forced convection, and evaporation conduction to liquid cooling and thermoelectric cooling. These technologies are integrated into computers, telecommunication equipment, and transportation, and other industrial applications. Its geographical segments are Asia, America, Europe, and Others.

Asia Vital Components Co (TPE:3017) Headlines

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