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C Mer Industries (XTAE:CMER) Equity-to-Asset : 0.20 (As of Dec. 2023)


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What is C Mer Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. C Mer Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪94.4 Mil. C Mer Industries's Total Assets for the quarter that ended in Dec. 2023 was ₪473.9 Mil. Therefore, C Mer Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.20.

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

XTAE:CMER' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.35
Current: 0.2

During the past 11 years, the highest Equity to Asset Ratio of C Mer Industries was 0.35. The lowest was 0.17. And the median was 0.23.

XTAE:CMER's Equity-to-Asset is ranked worse than
91.83% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs XTAE:CMER: 0.20

C Mer Industries Equity-to-Asset Historical Data

The historical data trend for C Mer Industries'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.

C Mer Industries Equity-to-Asset Chart

C Mer Industries 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 0.22 0.19 0.20 0.17 0.20

C Mer Industries 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 0.17 0.18 0.18 0.19 0.20

Competitive Comparison of C Mer Industries's Equity-to-Asset

For the Communication Equipment subindustry, C Mer 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.


C Mer Industries's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C Mer Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where C Mer Industries's Equity-to-Asset falls into.



C Mer Industries 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.

C Mer Industries'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
=94.396/473.885
=0.20

C Mer Industries'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
=94.396/473.885
=0.20

* 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.


C Mer Industries  (XTAE:CMER) 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%.


C Mer Industries Equity-to-Asset Related Terms

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


C Mer Industries (XTAE:CMER) Business Description

Traded in Other Exchanges
N/A
Address
5 Hatzoref Street, Holon, ISR, 5885633
C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

C Mer Industries (XTAE:CMER) Headlines

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