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Technical Communications (Technical Communications) Equity-to-Asset

: -2.31 (As of Jun. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Technical Communications's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-3.85 Mil. Technical Communications's Total Assets for the quarter that ended in Jun. 2023 was $1.67 Mil. Therefore, Technical Communications's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -2.31.

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

TCCO' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.31   Med: 0.76   Max: 0.95
Current: -2.31

During the past 13 years, the highest Equity to Asset Ratio of Technical Communications was 0.95. The lowest was -2.31. And the median was 0.76.

TCCO's Equity-to-Asset is ranked worse than
99.15% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs TCCO: -2.31

Technical Communications Equity-to-Asset Historical Data

The historical data trend for Technical Communications'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.

Technical Communications Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.76 0.42 0.15 -0.99

Technical Communications Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.98 -0.99 -1.45 -2.04 -2.31

Competitive Comparison

For the Communication Equipment subindustry, Technical Communications'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.


Technical Communications Equity-to-Asset Distribution

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

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



Technical Communications 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.

Technical Communications's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-1.935/1.951
=-0.99

Technical Communications's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-3.846/1.667
=-2.31

* 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.


Technical Communications  (OTCPK:TCCO) 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%.


Technical Communications Equity-to-Asset Related Terms

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


Technical Communications (Technical Communications) Business Description

Traded in Other Exchanges
N/A
Address
100 Domino Drive, Concord, MA, USA, 01742-2892
Technical Communications Corp designs, develops, manufactures, distributes, and markets communications security equipment. The company produces and supplies several custom-designed, special-purpose, and standard secure communications products for both domestic and international customers. Its products consist of voice, data, facsimile encryptors and video networks for military, government and corporate/industrial applications. In addition to product sales, it generates revenues from contract engineering services for certain government agencies, domestic and foreign, and commercial entities.
Executives
Ralph M Norwood director 111 SOUTH WORCESTER STREET, NORTON MA 02766
Guild Carl H Jr director, officer: CEO
Thomas E Peoples director
Francisco F Blanco director 1915 TOWNE CENTRE BLVD, SUITE 309, ANNAPOLIS MD 21401
Mitchell Briskin director
Michael P Malone officer: Chief Financial Officer
Paul D Sonkin 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Concentrated Fund Lp 10 percent owner, other: see footnote #1 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Robert T Lessard director
Brown David A B director

Technical Communications (Technical Communications) Headlines

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