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Evertz Technologies (Evertz Technologies) Equity-to-Asset : 0.55 (As of Jan. 2024)


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What is Evertz Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Evertz Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $193.8 Mil. Evertz Technologies's Total Assets for the quarter that ended in Jan. 2024 was $352.2 Mil. Therefore, Evertz Technologies's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.55.

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

EVTZF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.76   Max: 0.87
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Evertz Technologies was 0.87. The lowest was 0.52. And the median was 0.76.

EVTZF's Equity-to-Asset is ranked worse than
52.54% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs EVTZF: 0.55

Evertz Technologies Equity-to-Asset Historical Data

The historical data trend for Evertz 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.

Evertz Technologies Equity-to-Asset Chart

Evertz Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.67 0.65 0.55 0.56

Evertz Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.55 0.56 0.54 0.57 0.55

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

For the Communication Equipment subindustry, Evertz 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.


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

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

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



Evertz 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.

Evertz Technologies's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=180.286/323.83
=0.56

Evertz Technologies's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=193.815/352.208
=0.55

* 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.


Evertz Technologies  (OTCPK:EVTZF) 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%.


Evertz Technologies Equity-to-Asset Related Terms

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Evertz Technologies (Evertz Technologies) Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

Evertz Technologies (Evertz Technologies) Headlines

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