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CTS International Logistics (SHSE:603128) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is CTS International Logistics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CTS International Logistics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥6,020 Mil. CTS International Logistics's Total Assets for the quarter that ended in Mar. 2024 was ¥9,351 Mil. Therefore, CTS International Logistics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

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

SHSE:603128' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.62   Max: 0.76
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of CTS International Logistics was 0.76. The lowest was 0.42. And the median was 0.62.

SHSE:603128's Equity-to-Asset is ranked better than
74.49% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs SHSE:603128: 0.64

CTS International Logistics Equity-to-Asset Historical Data

The historical data trend for CTS International Logistics'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.

CTS International Logistics Equity-to-Asset Chart

CTS International Logistics 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 0.64 0.61 0.49 0.60 0.61

CTS International Logistics 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 0.63 0.62 0.65 0.61 0.64

Competitive Comparison of CTS International Logistics's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, CTS International Logistics'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.


CTS International Logistics's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTS International Logistics's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CTS International Logistics's Equity-to-Asset falls into.



CTS International Logistics 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.

CTS International Logistics'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
=5853.147/9653.476
=0.61

CTS International Logistics'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
=6019.744/9350.884
=0.64

* 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.


CTS International Logistics  (SHSE:603128) 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%.


CTS International Logistics Equity-to-Asset Related Terms

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CTS International Logistics (SHSE:603128) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, Tian An Center, No. 338 Nanjing Xi Road, Shanghai, CHN, 200003
CTS International Logistics Corp Ltd operates in the logistics industry. The company mainly focuses on cross-border comprehensive logistics and supply chain trade services. It provides air freight, ocean freight, multi transportation, project logistics, supply chain trading, warehousing and cross-border logistics services.

CTS International Logistics (SHSE:603128) Headlines

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