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Globecomm Systems, Inc. (NAS:GCOM)
Equity to Asset Ratio
0.79 (As of Sep. 2013)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Globecomm Systems, Inc.'s total equity for the quarter that ended in Sep. 2013 was \$247.7 Mil. Globecomm Systems, Inc.'s total assets for the quarter that ended in Sep. 2013 was \$312.6 Mil. Therefore, Globecomm Systems, Inc.'s Equity to Asset Ratio for the quarter that ended in Sep. 2013 was 0.79.

Definition

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 shareholders tangible equity divided by its total asset.

Globecomm Systems, Inc.'s Equity to Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

 Equity to Asset (A: Jun. 2013 ) = Total Equity / Total Assets = 244.453 / 308.241 = 0.79

Globecomm Systems, Inc.'s Equity to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

 Equity to Asset (Q: Sep. 2013 ) = Total Equity / Total Assets = 247.728 / 312.625 = 0.79

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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 Return on Equity 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%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Globecomm Systems, Inc. Annual Data

 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 equity2asset 0.72 0.70 0.72 0.58 0.77 0.81 0.69 0.62 0.71 0.79

Globecomm Systems, Inc. Quarterly Data

 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 equity2asset 0.62 0.66 0.66 0.67 0.71 0.73 0.73 0.76 0.79 0.79
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