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Advantech Co (TPE:2395) Equity-to-Asset : 0.60 (As of Mar. 2024)


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What is Advantech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advantech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$42,882 Mil. Advantech Co's Total Assets for the quarter that ended in Mar. 2024 was NT$71,046 Mil. Therefore, Advantech Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.60.

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

TPE:2395' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.66   Max: 0.72
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Advantech Co was 0.72. The lowest was 0.56. And the median was 0.66.

TPE:2395's Equity-to-Asset is ranked better than
56.03% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs TPE:2395: 0.60

Advantech Co Equity-to-Asset Historical Data

The historical data trend for Advantech 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.

Advantech Co Equity-to-Asset Chart

Advantech 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 0.68 0.69 0.66 0.66 0.70

Advantech 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 0.56 0.61 0.69 0.70 0.60

Competitive Comparison of Advantech Co's Equity-to-Asset

For the Computer Hardware subindustry, Advantech 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.


Advantech Co's Equity-to-Asset Distribution in the Hardware Industry

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

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



Advantech 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.

Advantech 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
=48461.152/69056.272
=0.70

Advantech 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
=42882.337/71045.9
=0.60

* 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.


Advantech Co  (TPE:2395) 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%.


Advantech Co Equity-to-Asset Related Terms

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


Advantech Co (TPE:2395) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Alley 20, Lane 26, Rueiguang Road, Neihu District, Taipei, TWN, 114519
Founded in 1981, Advantech is the world's largest industrial PC, or IPC, supplier, offering single-board computers, fanless IPCs, digital posts and more. The company reports three segments: embedded PCs, industry PC and automation solutions, and service and others. They contributed 50%, 39% and 11% revenue in 2022, respectively. Leveraging its presence in 27 countries, Advantech is expanding into Internet of Things verticals like smart retail, medical, transportation, industrial automation and energy by investing in Internet of Things solution partners and its proprietary WISE-PaaS platform. The headquarters is in Taipei, Taiwan. The company maintains most manufacturing facilities in Taiwan and Kunshan, China; and has 14 service centers globally.

Advantech Co (TPE:2395) Headlines

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