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Republic Glass Holdings (PHS:REG) Equity-to-Asset : 0.92 (As of Mar. 2024)


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What is Republic Glass Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Republic Glass Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱2,460.19 Mil. Republic Glass Holdings's Total Assets for the quarter that ended in Mar. 2024 was ₱2,687.00 Mil. Therefore, Republic Glass Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.92.

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

PHS:REG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.92   Max: 0.96
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Republic Glass Holdings was 0.96. The lowest was 0.91. And the median was 0.92.

PHS:REG's Equity-to-Asset is ranked better than
65.74% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs PHS:REG: 0.92

Republic Glass Holdings Equity-to-Asset Historical Data

The historical data trend for Republic Glass 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.

Republic Glass Holdings Equity-to-Asset Chart

Republic Glass Holdings 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 0.92 0.92 0.92 0.92 0.92

Republic Glass Holdings 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 0.92 0.92 0.92 0.92 0.92

Competitive Comparison of Republic Glass Holdings's Equity-to-Asset

For the Asset Management subindustry, Republic Glass 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.


Republic Glass Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Republic Glass Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Republic Glass Holdings's Equity-to-Asset falls into.



Republic Glass 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.

Republic Glass Holdings'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
=2432.166/2658.659
=0.91

Republic Glass Holdings'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
=2460.19/2686.998
=0.92

* 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.


Republic Glass Holdings  (PHS:REG) 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%.


Republic Glass Holdings Equity-to-Asset Related Terms

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


Republic Glass Holdings (PHS:REG) Business Description

Traded in Other Exchanges
N/A
Address
196 Salcedo Street, 6th Floor, Republic Glass Building, Legaspi Village, Makati, PHL, 1229
Republic Glass Holdings Corp is a Philippines-based company. The company is engaged in purchasing, leasing, and selling securities of every kind of business. The operating segments of the Company are 1) Core business which relates to the company's investment activities, which involve purchasing and trading financial assets and investing in other securities and 2) Support business which relates to the company's sale of investment properties.