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Ace Edulink Co (ROCO:6764) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is Ace Edulink Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ace Edulink Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$557 Mil. Ace Edulink Co's Total Assets for the quarter that ended in Dec. 2023 was NT$1,446 Mil. Therefore, Ace Edulink Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

ROCO:6764' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.39   Max: 0.44
Current: 0.39

During the past 8 years, the highest Equity to Asset Ratio of Ace Edulink Co was 0.44. The lowest was 0.18. And the median was 0.39.

ROCO:6764's Equity-to-Asset is ranked worse than
65.93% of 270 companies
in the Education industry
Industry Median: 0.515 vs ROCO:6764: 0.39

Ace Edulink Co Equity-to-Asset Historical Data

The historical data trend for Ace Edulink 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.

Ace Edulink Co Equity-to-Asset Chart

Ace Edulink Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.39 0.41 0.44 0.41 0.39

Ace Edulink Co Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.44 0.42 0.41 0.40 0.39

Competitive Comparison of Ace Edulink Co's Equity-to-Asset

For the Education & Training Services subindustry, Ace Edulink 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.


Ace Edulink Co's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ace Edulink Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ace Edulink Co's Equity-to-Asset falls into.



Ace Edulink 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.

Ace Edulink 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
=557.14/1445.88
=0.39

Ace Edulink 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
=557.14/1445.88
=0.39

* 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.


Ace Edulink Co  (ROCO:6764) 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%.


Ace Edulink Co Equity-to-Asset Related Terms

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Ace Edulink Co (ROCO:6764) Business Description

Traded in Other Exchanges
N/A
Address
Lane 609, Section 5, Re-Route, 10th Floor, No. 4, Sanchong District, New Taipei, TWN
Ace Edulink Co Ltd offers educational services. It provides physical tutoring, scientific assessment system, teaching resource sharing platform, and administrative management system.

Ace Edulink Co (ROCO:6764) Headlines

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