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Leatec Fine Ceramics Co (ROCO:6127) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Leatec Fine Ceramics Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Leatec Fine Ceramics Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,203.4 Mil. Leatec Fine Ceramics Co's Total Assets for the quarter that ended in Mar. 2024 was NT$3,428.6 Mil. Therefore, Leatec Fine Ceramics Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

ROCO:6127' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.4   Max: 0.53
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Leatec Fine Ceramics Co was 0.53. The lowest was 0.31. And the median was 0.40.

ROCO:6127's Equity-to-Asset is ranked worse than
83.63% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs ROCO:6127: 0.35

Leatec Fine Ceramics Co Equity-to-Asset Historical Data

The historical data trend for Leatec Fine Ceramics 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.

Leatec Fine Ceramics Co Equity-to-Asset Chart

Leatec Fine Ceramics 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 0.41 0.35 0.36 0.33 0.36

Leatec Fine Ceramics 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 0.33 0.37 0.39 0.36 0.35

Competitive Comparison of Leatec Fine Ceramics Co's Equity-to-Asset

For the Semiconductors subindustry, Leatec Fine Ceramics 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.


Leatec Fine Ceramics Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

* The bar in red indicates where Leatec Fine Ceramics Co's Equity-to-Asset falls into.



Leatec Fine Ceramics 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.

Leatec Fine Ceramics 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
=1181.895/3278.065
=0.36

Leatec Fine Ceramics 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
=1203.403/3428.557
=0.35

* 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.


Leatec Fine Ceramics Co  (ROCO:6127) 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%.


Leatec Fine Ceramics Co Equity-to-Asset Related Terms

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Leatec Fine Ceramics Co (ROCO:6127) Business Description

Traded in Other Exchanges
N/A
Address
No. 160, Sec. 1, Ping-Tung Road, Ping-Jen, Jian'an Vil., Pingzhen Dist., Tao-Yuan Hsien, TWN
Leatec Fine Ceramics Co Ltd is a manufacturer of chip alumina fine ceramic substrates in Taiwan. Its product includes alumina substrates, LED substrates, aluminum nitride substrates, laser processing ceramic, junction boxes, PV connectors and cables.

Leatec Fine Ceramics Co (ROCO:6127) Headlines

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