Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aspen Aerogels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $488.1 Mil. Aspen Aerogels's Total Assets for the quarter that ended in Dec. 2023 was $703.0 Mil.
Therefore, Aspen Aerogels's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.
The historical rank and industry rank for Aspen Aerogels's Equity-to-Asset or its related term are showing as below:
ASPN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.71 Max: 0.87
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of Aspen Aerogels was 0.87. The lowest was 0.57. And the median was 0.71.
ASPN's Equity-to-Asset is ranked better than 83.41% of 1676
companies
in the Construction industry
Industry Median: 0.44
vs ASPN: 0.69
Aspen Aerogels Equity-to-Asset Historical Data
The historical data trend for Aspen Aerogels'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.
For the Building Products & Equipment subindustry, Aspen Aerogels'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.
Aspen Aerogels Equity-to-Asset Distribution
For the Construction industry and Industrials sector, Aspen Aerogels's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aspen Aerogels's Equity-to-Asset falls into.
Aspen Aerogels 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.
Aspen Aerogels's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Aspen Aerogels Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Aspen Aerogels's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Aspen Aerogels (Aspen Aerogels) Business Description
Aspen Aerogels Inc is an aerogel technology company that designs, develops and manufactures high-performance aerogel insulation used in the energy infrastructure, building materials and electric vehicle markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. Some of its products include Pyrogel XTE; Cryogel Z; and others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASPN has been successfully added to your 