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361 Degrees International (361 Degrees International) Equity-to-Asset : 0.70 (As of Dec. 2023)


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What is 361 Degrees International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 361 Degrees International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,272 Mil. 361 Degrees International's Total Assets for the quarter that ended in Dec. 2023 was $1,830 Mil. Therefore, 361 Degrees International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

The historical rank and industry rank for 361 Degrees International's Equity-to-Asset or its related term are showing as below:

TSIOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.58   Max: 0.7
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of 361 Degrees International was 0.70. The lowest was 0.48. And the median was 0.58.

TSIOF's Equity-to-Asset is ranked better than
74.42% of 1083 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs TSIOF: 0.70

361 Degrees International Equity-to-Asset Historical Data

The historical data trend for 361 Degrees International'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.

361 Degrees International Equity-to-Asset Chart

361 Degrees International 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 0.53 0.57 0.63 0.64 0.70

361 Degrees International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.63 0.63 0.64 0.69 0.70

Competitive Comparison of 361 Degrees International's Equity-to-Asset

For the Footwear & Accessories subindustry, 361 Degrees International'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.


361 Degrees International's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, 361 Degrees International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 361 Degrees International's Equity-to-Asset falls into.



361 Degrees International 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.

361 Degrees International'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
=1272.005/1829.816
=0.70

361 Degrees International'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
=1272.005/1829.816
=0.70

* 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.


361 Degrees International  (OTCPK:TSIOF) 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%.


361 Degrees International Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of 361 Degrees International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


361 Degrees International (361 Degrees International) Business Description

Traded in Other Exchanges
Address
361 Building, Huli High-technology Park, Huli District, Xiamen, Fujian Province, CHN, 361009
361 Degrees International Ltd is a Chinese manufacturer of sporting goods. The company produces sporting goods. Its segments include adults and kids. 361 Degrees International reports revenue across four product lines: footwear, apparel, accessories, and others. Footwear and apparel are the important product lines, each contributing close to half the company's revenue, and the majority of sales are made across the adult segment. Adults-this segment derives revenue from manufacturing and trading of adult sporting goods. Kids- this segment derives revenue from the trading of kid's sporting goods. The company derives the majority of its revenue domestically.

361 Degrees International (361 Degrees International) Headlines