GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C C P Contact Probes Co Ltd (ROCO:6217) » Definitions » Equity-to-Asset

C C P Contact Probes Co (ROCO:6217) Equity-to-Asset : 0.55 (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is C C P Contact Probes Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. C C P Contact Probes Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$2,776 Mil. C C P Contact Probes Co's Total Assets for the quarter that ended in Dec. 2023 was NT$5,009 Mil. Therefore, C C P Contact Probes Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for C C P Contact Probes Co's Equity-to-Asset or its related term are showing as below:

ROCO:6217' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.61   Max: 0.72
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of C C P Contact Probes Co was 0.72. The lowest was 0.46. And the median was 0.61.

ROCO:6217's Equity-to-Asset is ranked worse than
52.92% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs ROCO:6217: 0.55

C C P Contact Probes Co Equity-to-Asset Historical Data

The historical data trend for C C P Contact Probes 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.

C C P Contact Probes Co Equity-to-Asset Chart

C C P Contact Probes 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 0.60 0.58 0.46 0.61 0.55

C C P Contact Probes Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.61 0.61 0.57 0.55 0.55

Competitive Comparison of C C P Contact Probes Co's Equity-to-Asset

For the Electronic Components subindustry, C C P Contact Probes 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.


C C P Contact Probes Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C C P Contact Probes Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where C C P Contact Probes Co's Equity-to-Asset falls into.



C C P Contact Probes 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.

C C P Contact Probes 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
=2775.684/5009.263
=0.55

C C P Contact Probes Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2775.684/5009.263
=0.55

* 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.


C C P Contact Probes Co  (ROCO:6217) 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%.


C C P Contact Probes Co Equity-to-Asset Related Terms

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


C C P Contact Probes Co (ROCO:6217) Business Description

Traded in Other Exchanges
N/A
Address
5F, No.8 Lane 24 Ho Ping Road, Panchiao Dist., New Taipei City, TWN
C C P Contact Probes Co Ltd offers testing solutions, including wafer level testing, general final test, high current solution, high-frequency solution, kelvin contact solution, memory test solution, burn-in test solution, fine pitch connector test, ATE connecting solution, IC probe search, and ICT probe search solutions. It also provides Pogo pin connectors, EV crown springs and Industrial connectors.

C C P Contact Probes Co (ROCO:6217) Headlines

No Headlines