GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Giga-tronics Inc (OTCPK:GIGA) » Definitions » Equity-to-Asset

Giga-tronics (Giga-tronics) Equity-to-Asset : 0.31 (As of Jun. 2022)


View and export this data going back to 1983. Start your Free Trial

What is Giga-tronics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Giga-tronics's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $2.53 Mil. Giga-tronics's Total Assets for the quarter that ended in Jun. 2022 was $8.23 Mil. Therefore, Giga-tronics's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.31.

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

GIGA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.73   Max: 0.93
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Giga-tronics was 0.93. The lowest was -0.07. And the median was 0.73.

GIGA's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs GIGA: 0.31

Giga-tronics Equity-to-Asset Historical Data

The historical data trend for Giga-tronics'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.

Giga-tronics Equity-to-Asset Chart

Giga-tronics Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.29 0.48 0.54 0.46

Giga-tronics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.43 0.59 0.57 0.46 0.31

Competitive Comparison of Giga-tronics's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Giga-tronics'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.


Giga-tronics's Equity-to-Asset Distribution in the Hardware Industry

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

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



Giga-tronics 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.

Giga-tronics's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )=Total Stockholders Equity/Total Assets
=3.725/8.055
=0.46

Giga-tronics's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=2.529/8.232
=0.31

* 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.


Giga-tronics  (OTCPK:GIGA) 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%.


Giga-tronics Equity-to-Asset Related Terms

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


Giga-tronics (Giga-tronics) Business Description

Traded in Other Exchanges
N/A
Address
5990 Gleason Drive, Dublin, CA, USA, 94568
Giga-tronics Inc operates in two segments comprising Giga-tronics Division and Microsource. Giga-tronics segment designs manufacture and markets the Advanced Signal Generator (ASG) for the electronic warfare market. Giga-tronics has produced test and measurement equipment used for the design, production, repair, and maintenance of products in aerospace, telecommunications, Radar, and electronic warfare. The Microsource develops and manufactures YIG (Yttrium, Iron, Garnet) tuned oscillators, filters and microwave synthesizers, which are used by its customers in operational applications and in manufacturing a variety of microwave instruments and devices.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
William B. Horne director C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Timothy Long officer: Chief Operating Officer 7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251
Jonathan R Read director, officer: Chief Executive Officer 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Robert O Smith director DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Thomas E Vickers director 2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309
Wit Cornelis F 10 percent owner 2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309
Smc Private Equity Holdings Gp, Llc 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Private Equity Holdings, Lp 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital G.p., Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Lutz P Henckels director C/O LECROY CORP, 700 CHESTNUT RIDGE ROAD, CHESTNUT RIDGE NY 10977
John Steffens 10 percent owner C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Smc Select Co-investment Fund I Lp 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, New York NY 10022

Giga-tronics (Giga-tronics) Headlines

From GuruFocus

Gresham Worldwide Fourth Quarter 2022 Bookings Exceed $8 Million

By sperokesalga sperokesalga 03-28-2023