SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'equity2asset' ORBC (ORBCOMM) Equity-to-Asset
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ORBCOMM Inc (NAS:ORBC) » Definitions » Equity-to-Asset

ORBCOMM (ORBCOMM) Equity-to-Asset

: 0.40 (As of Jun. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ORBCOMM's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $192.2 Mil. ORBCOMM's Total Assets for the quarter that ended in Jun. 2021 was $478.6 Mil. Therefore, ORBCOMM's Equity to Asset Ratio for the quarter that ended in Jun. 2021 was 0.40.

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

ORBC's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

ORBCOMM Equity-to-Asset Historical Data

The historical data trend for ORBCOMM'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.

ORBCOMM Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.41 0.44 0.41 0.41

ORBCOMM Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.40 0.39 0.41 0.39 0.40
Competitive Comparison

For the Telecom Services subindustry, ORBCOMM'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.

ORBCOMM Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, ORBCOMM's Equity-to-Asset distribution charts can be found below:

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


ORBCOMM 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.

ORBCOMM's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=207.95/510.845
=0.41

ORBCOMM's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Equity to Asset (Q: Jun. 2021 )=Total Stockholders Equity/Total Assets
=192.188/478.556
=0.40

* 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.

ORBCOMM  (NAS:ORBC) 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%.

ORBCOMM Equity-to-Asset Related Terms

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

ORBCOMM (ORBCOMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » ORBCOMM Inc (NAS:ORBC) » Definitions » Equity-to-Asset
Comparable Companies
CNSL STRY ATEX ATNI IDT SHEN RBBN RADI SIFY ASTS VZ CMCSA TMUS T HKSE:00941 TSE:9432 XTER:DTE CHTR TSE:9433 AMXA
Traded in Other Exchanges
N/A
Address
395 W. Passaic Street, Suite 325, Rochelle Park, NJ, USA, 07662
Website
https://www.orbcomm.com
ORBCOMM Inc is a satellite communications company that primarily provides machine-to-machine communication, which is designed to track, monitor, and control fixed and mobile assets. The company operates in such markets as transportation and distribution, heavy equipment, industrial fixed assets, oil and gas, maritime, mining, and government. The company earns revenue across the United States, South America, Japan, and Europe, with the majority from the U.S. The company owns telecommunications infrastructure, specifically low Earth orbit satellites and accompanying ground infrastructure.
Executives
Karen O. Gould director C/O ORBCOMM INC. 395 W. PASSAIC STREET ROCHELLE PARK NJ 07662
Denise W. Gibson director 140 SCHOOL STREET, LIBERTYVILLE IL 60048
Milcos Constantine officer: EVP and CFO C/O ORBCOMM, INC., 395 W. PASSAIC STREET SUITE 325 ROCHELLE PARK NJ 07662
Craig Malone officer: EVP of Product Development C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Marc Eisenberg officer: Chief Marketing Officer C/O ORBCOMM INC., 395 W PASSAIC STREET, SUITE 325, ROCHELLE PARK NJ 07662
Brun Christian Le officer: EVP, General Counsel & Sec. C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Stolte John J Jr officer: EVP-Technology & Operations C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Jerome B Eisenberg director, officer: Chairman, CEO and President C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
John E Major director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Timothy Kelleher director C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662
Phillip Gross 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Robert Atchinson 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Advisors, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Adage Capital Partners, L.p. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116