What is the equity of Test Rite International Co this year?
Test Rite International Co has equity of 6.55 B TWD this year.
In 2024, Test Rite International Co's equity was 6.55 B TWD, a -4.86% increase from the 6.89 B TWD equity in the previous year.
Test Rite International Co's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Test Rite International Co's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Test Rite International Co's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Test Rite International Co's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Test Rite International Co’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Test Rite International Co has equity of 6.55 B TWD this year.
The equity of Test Rite International Co has increased/decreased by -4.86% decreased compared to the previous year.
A high equity is advantageous for investors of Test Rite International Co as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Test Rite International Co, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Test Rite International Co can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Test Rite International Co can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Test Rite International Co include profits, dividend payments, capital increases, and acquisitions.
The equity of Test Rite International Co is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Test Rite International Co can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Test Rite International Co paid a dividend of 1.28 TWD . This corresponds to a dividend yield of about 6.24 %. For the coming 12 months, Test Rite International Co is expected to pay a dividend of 1.28 TWD.
The current dividend yield of Test Rite International Co is 6.24 %.
Test Rite International Co pays a quarterly dividend. This is distributed in the months of August, July, July, July.
Test Rite International Co paid dividends every year for the past 20 years.
For the upcoming 12 months, dividends amounting to 1.28 TWD are expected. This corresponds to a dividend yield of 6.24 %.
Test Rite International Co is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Test Rite International Co from 7/5/2024 amounting to 0.583 TWD, you needed to have the stock in your portfolio before the ex-date on 6/13/2024.
The last dividend was paid out on 7/5/2024.
In the year 2023, Test Rite International Co distributed 1.28 TWD as dividends.
The dividends of Test Rite International Co are distributed in TWD.
Our stock analysis for Test Rite International Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Test Rite International Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.