Cuong Wood - Working JSC (STC:ACG) Equity-to-Asset : 0.75 (As of Mar. 2024)

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What is Cuong Wood - Working JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cuong Wood - Working JSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₫4,254,689 Mil. Cuong Wood - Working JSC's Total Assets for the quarter that ended in Mar. 2024 was ₫5,700,310 Mil. Therefore, Cuong Wood - Working JSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.75.

The historical rank and industry rank for Cuong Wood - Working JSC's Equity-to-Asset or its related term are showing as below:

STC:ACG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72 Med: 0.76 Max: 0.81
Current: 0.75

During the past 5 years, the highest Equity to Asset Ratio of Cuong Wood - Working JSC was 0.81. The lowest was 0.72. And the median was 0.76.

STC:ACG's Equity-to-Asset is ranked better than
81.69% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs STC:ACG: 0.75

Cuong Wood - Working JSC Equity-to-Asset Historical Data

The historical data trend for Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC Equity-to-Asset Chart

Cuong Wood - Working JSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.81

0.79

0.76

0.72

0.76

Cuong Wood - Working JSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial									0.75	0.76	0.81	0.76	0.75

Competitive Comparison of Cuong Wood - Working JSC's Equity-to-Asset

For the Lumber & Wood Production subindustry, Cuong Wood - Working JSC'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.

Cuong Wood - Working JSC's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Cuong Wood - Working JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cuong Wood - Working JSC's Equity-to-Asset falls into.

Cuong Wood - Working JSC 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.

Cuong Wood - Working JSC'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
	=	4173555.901	/	5522084.036
	=	0.76

Cuong Wood - Working JSC'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
	=	4254689.332	/	5700310.015
	=	0.75

Cuong Wood - Working JSC (STC:ACG) 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%.

Cuong Wood - Working JSC Equity-to-Asset Related Terms

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Cuong Wood - Working JSC (STC:ACG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Cuong Wood - Working JSC (STC:ACG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

DT 747B Street, Plot 681, map sheet 05, Phuoc Hai Ward, Thai Hoa Ward,, Binh Duong Province,, Tan Uyen Town, VNM

Website

https://www.ancuong.com

Cuong Wood - Working JSC manufacture woodworking and decorative materials. It engages in sawing, planing and preserving wood.; Manufacture of beds, cabinets, tables, and chairs; Processing of interior decoration products; Producing plywood, veneer, plywood, and other thin boards. Its products comprise MFC, Melamine MDF, laminates, acrylic, veneer, and other by-products.

Cuong Wood - Working JSC (STC:ACG) Headlines

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