GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RIT Technologies Ltd (OTCPK:RITT) » Definitions » Equity-to-Asset

RIT Technologies (RIT Technologies) Equity-to-Asset : 0.38 (As of Sep. 2015)


View and export this data going back to 1997. Start your Free Trial

What is RIT Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RIT Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $5.34 Mil. RIT Technologies's Total Assets for the quarter that ended in Sep. 2015 was $13.91 Mil. Therefore, RIT Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2015 was 0.38.

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

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

RIT Technologies Equity-to-Asset Historical Data

The historical data trend for RIT Technologies'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.

RIT Technologies Equity-to-Asset Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.48 0.24 0.51 0.45

RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.66 0.45 0.37 0.41 0.38

Competitive Comparison of RIT Technologies's Equity-to-Asset

For the Communication Equipment subindustry, RIT Technologies'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.


RIT Technologies's Equity-to-Asset Distribution in the Hardware Industry

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

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



RIT Technologies 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.

RIT Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=3.929/8.674
=0.45

RIT Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Equity to Asset (Q: Sep. 2015 )=Total Stockholders Equity/Total Assets
=5.336/13.912
=0.38

* 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.


RIT Technologies  (OTCPK:RITT) 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%.


RIT Technologies Equity-to-Asset Related Terms

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


RIT Technologies (RIT Technologies) Business Description

Traded in Other Exchanges
N/A
Address
24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

RIT Technologies (RIT Technologies) Headlines

No Headlines