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Voltronic Power Technology (TPE:6409) Equity-to-Asset : 0.58 (As of Mar. 2024)


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What is Voltronic Power Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voltronic Power Technology's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$9,466 Mil. Voltronic Power Technology's Total Assets for the quarter that ended in Mar. 2024 was NT$16,294 Mil. Therefore, Voltronic Power Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.58.

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

TPE:6409' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.52   Max: 0.66
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Voltronic Power Technology was 0.66. The lowest was 0.31. And the median was 0.52.

TPE:6409's Equity-to-Asset is ranked better than
53.57% of 3037 companies
in the Industrial Products industry
Industry Median: 0.56 vs TPE:6409: 0.58

Voltronic Power Technology Equity-to-Asset Historical Data

The historical data trend for Voltronic Power Technology'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.

Voltronic Power Technology Equity-to-Asset Chart

Voltronic Power Technology 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 0.47 0.45 0.43 0.52 0.57

Voltronic Power Technology 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 0.38 0.55 0.57 0.58

Competitive Comparison of Voltronic Power Technology's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Voltronic Power Technology'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.


Voltronic Power Technology's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Voltronic Power Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Voltronic Power Technology's Equity-to-Asset falls into.



Voltronic Power Technology 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.

Voltronic Power Technology'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
=8357.803/14756.099
=0.57

Voltronic Power Technology'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
=9466.203/16294.181
=0.58

* 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.


Voltronic Power Technology  (TPE:6409) 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%.


Voltronic Power Technology Equity-to-Asset Related Terms

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


Voltronic Power Technology (TPE:6409) Business Description

Traded in Other Exchanges
N/A
Address
No. 406, Xinhu 1st Road, Neihu District, Taipei, TWN
Voltronic Power Technology Corp is a Taiwan-based company that manufactures and distributes uninterruptible power supplies (UPSs), photovoltaic products, and electronic materials. Voltronic's product portfolio includes solar power pump inverters, off-grid inverters, standby UPSs, online and off-line UPSs, line interactive UPSs, automatic voltage regulators (AVRs), bypass switches, simple network management protocol cards, modbus cards, and rack towers. The firm has four manufacturing facilities in China and Taiwan.

Voltronic Power Technology (TPE:6409) Headlines

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