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Taiwan Secom Co (TPE:9917) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is Taiwan Secom Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taiwan Secom Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$12,588 Mil. Taiwan Secom Co's Total Assets for the quarter that ended in Dec. 2023 was NT$26,860 Mil. Therefore, Taiwan Secom Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

TPE:9917' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.48   Max: 0.53
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Taiwan Secom Co was 0.53. The lowest was 0.47. And the median was 0.48.

TPE:9917's Equity-to-Asset is ranked worse than
53.62% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs TPE:9917: 0.47

Taiwan Secom Co Equity-to-Asset Historical Data

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co Equity-to-Asset Chart

Taiwan Secom 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 0.48 0.49 0.49 0.47 0.47

Taiwan Secom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.47 0.47 0.42 0.46 0.47

Competitive Comparison of Taiwan Secom Co's Equity-to-Asset

For the Security & Protection Services subindustry, Taiwan Secom 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.


Taiwan Secom Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's Equity-to-Asset distribution charts can be found below:

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



Taiwan Secom 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.

Taiwan Secom 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
=12587.747/26860.39
=0.47

Taiwan Secom Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=12587.747/26860.39
=0.47

* 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.


Taiwan Secom Co  (TPE:9917) 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%.


Taiwan Secom Co Equity-to-Asset Related Terms

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Taiwan Secom Co (TPE:9917) Business Description

Traded in Other Exchanges
N/A
Address
No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN
Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

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