Huadi International Group Co (Huadi International Group Co) Equity-to-Asset : 0.72 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Huadi International Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huadi International Group Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $74.41 Mil. Huadi International Group Co's Total Assets for the quarter that ended in Sep. 2023 was $103.01 Mil. Therefore, Huadi International Group Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.72.

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

HUDI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.44 Max: 0.72
Current: 0.72

During the past 6 years, the highest Equity to Asset Ratio of Huadi International Group Co was 0.72. The lowest was 0.22. And the median was 0.44.

HUDI's Equity-to-Asset is ranked better than
77.37% of 632 companies
in the Steel industry
Industry Median: 0.53 vs HUDI: 0.72

Huadi International Group Co Equity-to-Asset Historical Data

The historical data trend for Huadi International Group 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.

Huadi International Group Co Equity-to-Asset Chart

Huadi International Group Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

Get a 7-Day Free Trial

0.31

0.37

0.51

0.58

0.72

Huadi International Group Co Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial						0.51	0.57	0.58	0.78	0.72

Competitive Comparison of Huadi International Group Co's Equity-to-Asset

For the Steel subindustry, Huadi International Group 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.

Huadi International Group Co's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Huadi International Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Huadi International Group Co's Equity-to-Asset falls into.

Huadi International Group 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.

Huadi International Group Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	74.409	/	103.011
	=	0.72

Huadi International Group Co'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
	=	74.409	/	103.011
	=	0.72

Huadi International Group Co (NAS:HUDI) 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%.

Huadi International Group Co Equity-to-Asset Related Terms

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

Huadi International Group Co (Huadi International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Huadi International Group Co Ltd (NAS:HUDI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1688 Tianzhong Street, Longwan District, Zhejiang Province, Wenzhou, CHN, 325025

Website

http://www.huadigroup.com

Huadi International Group Co Ltd is a manufacturer of industrial stainless steel seamless pipes and tubes products. Its products are used in the oil & gas transmission, chemistry engineering, food processing, medical devices, aeronautics and astronautics, boiler, irrigation works construction, automobile and naval architecture, paper mill and mechanical industries. Products are exported to the United States, Mexico, Thailand, Australia, Argentina, Taiwan, India, the Philippines, UAE and Canada. Geographically, majority revenue is generated from China.