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Gilattellite Networks (Gilattellite Networks) Equity-to-Asset

: 0.64 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gilattellite Networks's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $274.7 Mil. Gilattellite Networks's Total Assets for the quarter that ended in Dec. 2023 was $426.9 Mil. Therefore, Gilattellite Networks's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

GILT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.61   Max: 0.68
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Gilattellite Networks was 0.68. The lowest was 0.48. And the median was 0.61.

GILT's Equity-to-Asset is ranked better than
62.38% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs GILT: 0.64

Gilattellite Networks Equity-to-Asset Historical Data

The historical data trend for Gilattellite 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.

* Premium members only.

Gilattellite Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.61 0.68 0.63 0.64

Gilattellite Networks 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 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 Premium Member Only Premium Member Only Premium Member Only 0.63 0.65 0.69 0.69 0.64

Competitive Comparison

For the Communication Equipment subindustry, Gilattellite 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.


Gilattellite Networks Equity-to-Asset Distribution

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

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



Gilattellite 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.

Gilattellite Networks'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
=274.688/426.886
=0.64

Gilattellite Networks'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
=274.688/426.886
=0.64

* 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.


Gilattellite Networks  (NAS:GILT) 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%.


Gilattellite Networks Equity-to-Asset Related Terms

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Gilattellite Networks (Gilattellite Networks) Business Description

Traded in Other Exchanges
Address
21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.