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King Slide Works Co (TPE:2059) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is King Slide Works Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. King Slide Works Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$17,854 Mil. King Slide Works Co's Total Assets for the quarter that ended in Mar. 2024 was NT$22,193 Mil. Therefore, King Slide Works Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

TPE:2059' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.83   Max: 0.9
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of King Slide Works Co was 0.90. The lowest was 0.73. And the median was 0.83.

TPE:2059's Equity-to-Asset is ranked better than
87.67% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs TPE:2059: 0.81

King Slide Works Co Equity-to-Asset Historical Data

The historical data trend for King Slide Works 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.

King Slide Works Co Equity-to-Asset Chart

King Slide Works 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 0.84 0.83 0.82 0.81 0.80

King Slide Works Co 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 0.83 0.73 0.80 0.80 0.81

Competitive Comparison of King Slide Works Co's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, King Slide Works 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.


King Slide Works Co's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, King Slide Works Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where King Slide Works Co's Equity-to-Asset falls into.



King Slide Works 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.

King Slide Works 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
=16436.179/20580.928
=0.80

King Slide Works Co'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
=17854.479/22192.674
=0.80

* 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.


King Slide Works Co  (TPE:2059) 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%.


King Slide Works Co Equity-to-Asset Related Terms

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King Slide Works Co (TPE:2059) Business Description

Traded in Other Exchanges
N/A
Address
No. 136, Lane 275, Shun An Road, Lu Chu District, Kaohsiung, TWN, 82150
King Slide Works Co Ltd is a Taiwan-based company that manufactures and distributes electronic parts and components. The company operates primarily through two subsidiaries: King Slide Works and King Slide Technology. King Slide Works is a Taiwan-based company that develops, manufactures, and markets furniture accessories, including under-mount slides, ball-bearing slides, epoxy-coated drawer slides, and hinges. King Slide Technology develops and manufactures high-precision metal components applied in computer, communications, and consumer electronics products. The company has a global presence, with Taiwan, America, and China being its three largest markets.

King Slide Works Co (TPE:2059) Headlines

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