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Techno Quartz (TSE:5217) Equity-to-Asset : 0.74 (As of Dec. 2023)


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What is Techno Quartz Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Techno Quartz's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円18,517 Mil. Techno Quartz's Total Assets for the quarter that ended in Dec. 2023 was 円25,018 Mil. Therefore, Techno Quartz's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

TSE:5217' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.74   Max: 0.79
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Techno Quartz was 0.79. The lowest was 0.68. And the median was 0.74.

TSE:5217's Equity-to-Asset is ranked better than
66.93% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs TSE:5217: 0.74

Techno Quartz Equity-to-Asset Historical Data

The historical data trend for Techno Quartz'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.

Techno Quartz Equity-to-Asset Chart

Techno Quartz Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.73 0.74 0.75 0.70

Techno Quartz 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 0.72 0.70 0.68 0.71 0.74

Competitive Comparison of Techno Quartz's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, Techno Quartz'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.


Techno Quartz's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Techno Quartz's Equity-to-Asset distribution charts can be found below:

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



Techno Quartz 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.

Techno Quartz's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=16590.274/23792.829
=0.70

Techno Quartz'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
=18516.804/25017.944
=0.74

* 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.


Techno Quartz  (TSE:5217) 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%.


Techno Quartz Equity-to-Asset Related Terms

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


Techno Quartz (TSE:5217) Business Description

Traded in Other Exchanges
N/A
Address
1-32-2 Honcho, Harmony Tower 12th floor, Nakano-ku, Tokyo, JPN, 164-0012
Techno Quartz Inc is engaged in the manufacturing of semiconductors, LCD, and optics. The products of the company include vertical quartz boat, bell jar, gas distribution plate, and quartz ring.

Techno Quartz (TSE:5217) Headlines

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