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QLogic (QLogic) Equity-to-Asset : 0.90 (As of Jun. 2016)


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What is QLogic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. QLogic's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $769.4 Mil. QLogic's Total Assets for the quarter that ended in Jun. 2016 was $850.9 Mil. Therefore, QLogic's Equity to Asset Ratio for the quarter that ended in Jun. 2016 was 0.90.

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

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

QLogic Equity-to-Asset Historical Data

The historical data trend for QLogic'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.

QLogic Equity-to-Asset Chart

QLogic Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.89 0.87 0.88 0.91

QLogic Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.89 0.89 0.91 0.91 0.90

Competitive Comparison of QLogic's Equity-to-Asset

For the Computer Hardware subindustry, QLogic'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.


QLogic's Equity-to-Asset Distribution in the Hardware Industry

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

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



QLogic 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.

QLogic's Equity to Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Equity to Asset (A: Mar. 2016 )=Total Stockholders Equity/Total Assets
=747.378/823.868
=0.91

QLogic's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Stockholders Equity/Total Assets
=769.383/850.948
=0.90

* 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.


QLogic  (NAS:QLGC) 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%.


QLogic Equity-to-Asset Related Terms

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


QLogic (QLogic) Business Description

Traded in Other Exchanges
N/A
Address
QLogic provides high-performance server and storage networking connectivity products to original-equipment manufacturers of server and storage systems. Its products are used in enterprise, managed service provider, and cloud-service provider data centers. They facilitate the transfer of data and enable resource sharing between servers, networks, and storage. Roughly half of the firm's revenue is generated in Asia-Pacific and Japan, with the rest coming from the United States, Europe, the Middle East, and Africa.
Executives
Christine King director, officer: Executive Chairman AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Anthony Carrozza officer: Senior VP - WW Sales
William M Zeitler director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
John T Dickson director QLOGIC CORPORATION, 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Balakrishnan S Iyer director 5221 CALIFORNIA AVE., IRVINE CA 92617
Jean X. Hu officer: Acting CEO, Senior VP and CFO 2485 AUGUSTINE DRIVE, SANTA CLARA CA 95054
Kathryn B Lewis director 15353 BARRANCA PARKWAY, IRVINE CA 92618
Hk Desai director, officer: Executive Chairman 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Robert Crawford officer: Senior VP - WW Sales 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Perry Mulligan officer: Senior VP - WW Operations EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Simon Biddiscombe director, officer: President and CEO C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
James R Fiebiger director C/OMENTOR GRAPHICS CORP, 8005 SW BOECKMAN ROAD, WILSONVILLE OR 97070-7777
Scott Genereux officer: Senior VP - WW Sales 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Larry R Carter director 170 W. TASMAN DRIVE, SAN JOSE CA 95134
Jeff Benck officer: President and COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281

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