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Parade Technologies (ROCO:4966) Equity-to-Asset : 0.88 (As of Mar. 2024)


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What is Parade Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Parade Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$21,506 Mil. Parade Technologies's Total Assets for the quarter that ended in Mar. 2024 was NT$24,493 Mil. Therefore, Parade Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.88.

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

ROCO:4966' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.8   Max: 0.89
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of Parade Technologies was 0.89. The lowest was 0.71. And the median was 0.80.

ROCO:4966's Equity-to-Asset is ranked better than
89.22% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs ROCO:4966: 0.88

Parade Technologies Equity-to-Asset Historical Data

The historical data trend for Parade Technologies'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.

Parade Technologies Equity-to-Asset Chart

Parade Technologies 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 0.82 0.77 0.76 0.80 0.84

Parade Technologies 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 0.89 0.85 0.87 0.84 0.88

Competitive Comparison of Parade Technologies's Equity-to-Asset

For the Semiconductors subindustry, Parade Technologies'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.


Parade Technologies's Equity-to-Asset Distribution in the Semiconductors Industry

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

* The bar in red indicates where Parade Technologies's Equity-to-Asset falls into.



Parade Technologies 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.

Parade Technologies'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
=19600.508/23368.554
=0.84

Parade Technologies'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
=21506.302/24492.925
=0.88

* 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.


Parade Technologies  (ROCO:4966) 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%.


Parade Technologies Equity-to-Asset Related Terms

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Parade Technologies (ROCO:4966) Business Description

Traded in Other Exchanges
N/A
Address
No. 335, Ruiguang Road, 14th Floor, Neihu District, Taipei, TWN, 114
Parade Technologies Ltd supplies mixed-signal integrated circuits for a variety of display and high-speed interface standards used in computers, consumer electronics, and display panels. The company's host of products serve customers with needs for display, storage, and interface applications. As a fabless semiconductor company, Parade manufactures and designs its integrated circuits, but outsources the fabrication of silicon wafers for semiconductors. The company has branch offices and subsidiaries dedicated to designing, engineering, support, and logistical services in Asian countries, but services a global customer base.

Parade Technologies (ROCO:4966) Headlines

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