The historical rank and industry rank for Impro Precision Industries's Equity-to-Asset or its related term are showing as below:
HKSE:01286'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.58 Max: 0.71
Current: 0.59
During the past 8 years, the highest Equity to Asset Ratio of Impro Precision Industries was 0.71. The lowest was 0.43. And the median was 0.58.
HKSE:01286's Equity-to-Asset is ranked better than 55.83% of 3025
companies
in the Industrial Products industry
Industry Median: 0.56
vs HKSE:01286: 0.59
Impro Precision Industries Equity-to-Asset Historical Data
* 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.
Competitive Comparison of Impro Precision Industries's Equity-to-Asset
For the Specialty Industrial Machinery subindustry, Impro Precision Industries'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.
Impro Precision Industries's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Impro Precision Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Impro Precision Industries's Equity-to-Asset falls into.
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.
Impro Precision Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Impro Precision Industries Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Impro Precision Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Impro Precision Industries (HKSE:01286) Business Description
Impro Precision Industries Ltd is an investment holding company. It operates in four segments: Investment casting, Precision machining and others, Sand casting, and Surface Treatment. The products and services offered are widely applied to various end-markets, including passenger cars, commercial vehicles, high horsepower engines, hydraulic equipment, construction equipment, agricultural equipment, recreational boats and vehicles, aerospace, and medical. Its geographical segments are the Americas, Europe, and Asia, of which key revenue is generated from the Americas.
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