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Radiation Technology (ROCO:6514) Equity-to-Asset : 0.70 (As of Mar. 2024)


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What is Radiation Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Radiation Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$612.4 Mil. Radiation Technology's Total Assets for the quarter that ended in Mar. 2024 was NT$869.8 Mil. Therefore, Radiation Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.70.

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

ROCO:6514' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.72   Max: 0.8
Current: 0.7

During the past 11 years, the highest Equity to Asset Ratio of Radiation Technology was 0.80. The lowest was 0.60. And the median was 0.72.

ROCO:6514's Equity-to-Asset is ranked better than
70.93% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs ROCO:6514: 0.70

Radiation Technology Equity-to-Asset Historical Data

The historical data trend for Radiation Technology'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.

Radiation Technology Equity-to-Asset Chart

Radiation Technology 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 0.72 0.69 0.69 0.80 0.78

Radiation Technology 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 - 0.69 0.79 0.78 0.70

Competitive Comparison of Radiation Technology's Equity-to-Asset

For the Communication Equipment subindustry, Radiation Technology'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.


Radiation Technology's Equity-to-Asset Distribution in the Hardware Industry

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

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



Radiation Technology 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.

Radiation Technology'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
=653.913/835.17
=0.78

Radiation Technology'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
=612.425/869.816
=0.70

* 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.


Radiation Technology  (ROCO:6514) 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%.


Radiation Technology Equity-to-Asset Related Terms

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


Radiation Technology (ROCO:6514) Business Description

Traded in Other Exchanges
N/A
Address
2nd floor, Number 1, Gongjian Road, Qidu District, Keelung, TWN, 206
Radiation Technology Inc designs and manufactures antennas, cable assembly, and other communication products in Taiwan. It offers LTE/4G/BTS, IoT/Intelligent, Automotive, RFID/healthcare, GPS/transportation, and wireless communication antennas, as well as semi-rigid and flexible RF cable assembly products, RF connectors, wire harness, medical cables, computer cables, network cables, microwave devices, and others. It generates a vast majority of its revenues from the sales of antenna and component of communication equipment. The company has operations in Mainland China, Asia, America, Europe, and Oceania.

Radiation Technology (ROCO:6514) Headlines

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