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Mitel Networks (Mitel Networks) Equity-to-Asset : 0.28 (As of Sep. 2018)


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What is Mitel Networks Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mitel Networks's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $402 Mil. Mitel Networks's Total Assets for the quarter that ended in Sep. 2018 was $1,455 Mil. Therefore, Mitel Networks's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.28.

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

MITL's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Mitel Networks Equity-to-Asset Historical Data

The historical data trend for Mitel 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.

Mitel Networks Equity-to-Asset Chart

Mitel Networks Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.35 0.33 0.25 0.21

Mitel Networks Quarterly Data
Oct13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.19 0.21 0.23 0.27 0.28

Competitive Comparison of Mitel Networks's Equity-to-Asset

For the Communication Equipment subindustry, Mitel 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.


Mitel Networks's Equity-to-Asset Distribution in the Hardware Industry

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

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



Mitel 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.

Mitel Networks's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=345.7/1630.5
=0.21

Mitel Networks's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=401.6/1454.7
=0.28

* 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.


Mitel Networks  (NAS:MITL) 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%.


Mitel Networks Equity-to-Asset Related Terms

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Mitel Networks (Mitel Networks) Business Description

Traded in Other Exchanges
N/A
Address
Mitel Networks Corp is a provider of unified communications and collaboration solutions. Its business is organized into two segments: Cloud and Enterprise. The Cloud Division portfolio includes a comprehensive family of cloud communications services. The Enterprise Division sells and supports business communications products and services. Roughly half of the firm's revenue is generated from the United States, with the rest coming from Canada, Europe, Middle East, Africa, and Asia-Pacific regions.
Executives
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Todd Abbott officer: EVP Sales and Services C/O SYNBOL TECHNOLOGIES, INC., ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Terence H Matthews director, officer: Chairman of the Board 350 LEGGET DRIVE KANATA ONTARIO CANADA A6 K2K 2W7
Peter Charbonneau director 130 AGINCOURT ROAD OTTAWA A6 K2C 1J3
Richard D Mcbee director, officer: See Remarks PO BOX 500 (M/S 55-985), 14200 SW KARL BRAUN DRIVE, BEAVERTON OR 97077-0001
Elliott Associates, L.p. 10 percent owner 360 S. ROSEMARY AVE, 18TH FLOOR, WEST PALM BEACH FL 33401
Elliott International, L.p. 10 percent owner C/O MAPLES & CALDER, P.O. BOX 309, UGLAND HOUSE, SOUTH CHURCH STREET, GEORGE TOWN E9 00000