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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Retractable Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $99.29 Mil. Retractable Technologies's Total Assets for the quarter that ended in Dec. 2023 was $179.67 Mil. Therefore, Retractable Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.
The historical rank and industry rank for Retractable Technologies's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of Retractable Technologies was 0.73. The lowest was 0.48. And the median was 0.64.
The historical data trend for Retractable 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.
Retractable Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.73 | 0.48 | 0.48 | 0.54 | 0.55 |
Retractable Technologies Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.54 | 0.56 | 0.55 | 0.55 | 0.55 |
For the Medical Instruments & Supplies subindustry, Retractable 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.
For the Medical Devices & Instruments industry and Healthcare sector, Retractable Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Retractable Technologies's Equity-to-Asset falls into.
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.
Retractable Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Equity to Asset (A: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 99.288 | / | 179.672 | |
= | 0.55 |
Retractable Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
Equity to Asset (Q: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 99.288 | / | 179.672 | |
= | 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.
Retractable Technologies (AMEX:RVP) 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%.
Thank you for viewing the detailed overview of Retractable Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas J Shaw | director, 10 percent owner, officer: President and CEO | 511 LOBO LANE, LITTLE ELM TX 75068 |
Braden Michael Leonard | 10 percent owner | 156 S. FIRST STREET, ZIONSVILLE IN 46077 |
Bigby Walter O Jr | director | 816 BENTON RD, BOSSIER CITY LA 71111 |
Darren E Findley | director | 1618 GRASSMERE RD, FRANKLIN TN 37064 |
Russell B Kuhlman | director, officer: Vice President of Sales | 511 LOBO LANE, PO BOX 9, LITTLE ELM TX 75068 |
Fort John W Iii | director, officer: Chief Financial Officer | 511 LOBO LANE, LITTLE ELM TX 75068 |
Amy Mack | director | 1701 LEGACY DRIVE SUITE 100, FRISCO TX 75034 |
Clarence D Zierhut | director | 1217 BLUEBIRD LANE, GARLAND TX 75042 |
Lillian E Salerno | 10 percent owner | 777 7TH AVENUE, UNIT 308, WASHINGTON DC 20001 |
Suzanne M August | 10 percent owner | 340 NORTH JULIA CIRCLE, ST. PETERSBURG FL 33706 |
Steven R Wisner | director, officer: Exec. VP, Eng & Prod. | 511 LOBO LANE, PO BOX 9, LITTLE ELM TX 75068 |
Marco Laterza | director | P.O. BOX 64104, EL PASO TX 79904 |
Jimmie Shiu | director | 511 LOBO LANE, P.O. BOX 9, LITTLE ELM TX 75068 |
Patti King | director | 9145 MARTIN ROAD, ROSWELL GA 30076 |
Michele Larios | officer: Vice President/General Counsel | 511 LOBO LANE, LITTLE ELM TX 75068 |
From GuruFocus
By gurufocus • 03-16-2009
By GuruFocus Research • 08-22-2023
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