Elbit Systems (Elbit Systems) Equity-to-Asset

: 0.30 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elbit Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,948 Mil. Elbit Systems's Total Assets for the quarter that ended in Dec. 2023 was $9,740 Mil. Therefore, Elbit Systems's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.30.

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

ESLT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.3 Max: 0.36
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Elbit Systems was 0.36. The lowest was 0.27. And the median was 0.30.

ESLT's Equity-to-Asset is ranked worse than
69.01% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs ESLT: 0.30

Elbit Systems Equity-to-Asset Historical Data

The historical data trend for Elbit Systems'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.

Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.29

0.28

0.27

0.30

Elbit Systems 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																0.30	0.29	0.29	0.30	0.30

Competitive Comparison

For the Aerospace & Defense subindustry, Elbit Systems'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.

Elbit Systems Equity-to-Asset Distribution

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Elbit Systems's Equity-to-Asset falls into.

Elbit Systems 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.

Elbit Systems'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
	=	2947.503	/	9739.582
	=	0.30

Elbit Systems'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
	=	2947.503	/	9739.582
	=	0.30

Elbit Systems (NAS:ESLT) 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%.

Elbit Systems Equity-to-Asset Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.