Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Actelis Networks's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.39 Mil. Actelis Networks's Total Assets for the quarter that ended in Dec. 2023 was $11.22 Mil.
Therefore, Actelis Networks's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.
The historical rank and industry rank for Actelis Networks's Equity-to-Asset or its related term are showing as below:
ASNS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -4.18 Med: -1.89 Max: 0.22
Current: 0.04
During the past 4 years, the highest Equity to Asset Ratio of Actelis Networks was 0.22. The lowest was -4.18. And the median was -1.89.
ASNS's Equity-to-Asset is ranked worse than 96.02% of 2486
companies
in the Hardware industry
Industry Median: 0.57
vs ASNS: 0.04
Actelis Networks Equity-to-Asset Historical Data
The historical data trend for Actelis Networks'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.
Competitive Comparison of Actelis Networks's Equity-to-Asset
For the Communication Equipment subindustry, Actelis Networks'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.
Actelis Networks's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Actelis Networks's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Actelis Networks's Equity-to-Asset falls into.
Actelis Networks 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.
Actelis Networks'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%.
Actelis Networks Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Actelis Networks's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Actelis Networks (Actelis Networks) Business Description
Actelis Networks Inc is a networking solutions company with a mission to enable communication for Internet of Things, or IoT, projects, deployed over wide areas such as cities, campuses, airports, military bases, roads, and rail. Its networking solutions use a combination of newly deployed fiber infrastructure and existing copper and coaxial lines to create a cost-effective, secure, and quick-to-deploy network. Its solutions also offer end-to-end network security to protect critical IoT data, utilizing a powerful combination of coding and encryption technologies, applied as required on both new and existing infrastructure within the hybrid-fiber-copper network.
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