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Westell Technologies (Westell Technologies) Equity-to-Asset

: 0.86 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Westell Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $31.72 Mil. Westell Technologies's Total Assets for the quarter that ended in Sep. 2023 was $36.79 Mil. Therefore, Westell Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.86.

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

WSTL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.83   Max: 0.88
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of Westell Technologies was 0.88. The lowest was 0.69. And the median was 0.83.

WSTL's Equity-to-Asset is ranked better than
91.22% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs WSTL: 0.86

Westell Technologies Equity-to-Asset Historical Data

The historical data trend for Westell 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.

Westell Technologies Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.87 0.84 0.84 0.69

Westell Technologies Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep22 Sep23
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 0.84 0.75 0.69 - 0.86

Competitive Comparison

For the Communication Equipment subindustry, Westell 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.


Westell Technologies Equity-to-Asset Distribution

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

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



Westell 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.

Westell Technologies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Equity to Asset (A: Mar. 2021 )=Total Stockholders Equity/Total Assets
=22.159/32.252
=0.69

Westell Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=31.715/36.792
=0.86

* 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.


Westell Technologies  (OTCPK:WSTL) 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%.


Westell Technologies Equity-to-Asset Related Terms

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


Westell Technologies (Westell Technologies) Business Description

Traded in Other Exchanges
N/A
Address
750 North Commons Drive, Aurora, IL, USA, 60504
Westell Technologies Inc is a provider of wireless network infrastructure solutions. It is organized into the following operating segments, In-Building Wireless (IBW), Intelligent Site Management (ISM), and Communications Network Solutions (CNS). IBW segment solutions enable cellular and public safety coverage in stadiums, arenas, malls, buildings, and other indoor areas not served well or at all by the existing macro outdoor cellular network. ISM segment solutions include a suite of remote units, which provide machine-to-machine communications that enable operators to remotely monitor, manage, and control physical site infrastructure and support systems. The majority of revenue is derived from the CNS segment Geographically, it derives a majority of revenue from the USA.
Executives
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Mark A Zorko director 9265 FAWN LAKE DR, RALEIGH NC 27617
Penny Robert C Iii director, 10 percent owner 750 NORTH COMMONS DRIVE AURORA IL 60504
Scott C Chandler director 9635 MAROON CIRCLE SUITE 400 ENGLEWOOD CO 80112
Robert W Foskett director, 10 percent owner 750 NORTH COMMONS DRIVE AURORA IL 60504
Kirk R Brannock director 750 NORTH COMMONS DRIVE AURORA IL 60504
Timothy L Duitsman director, officer: President & CEO 750 N COMMONS DR AURORA IL 60504
Jeniffer L Jaynes officer: Interim CFO 750 N COMMONS DRIVE AURORA IL 60504
Jesse Swartwood officer: SVP, Worldwide Sales 750 N. COMMONS DRIVE AURORA IL 60504
Alfred S John officer: President & CEO 750 N COMMONS DRIVE AURORA IL 60504
Thomas P. Minichiello officer: SVP,CFO,Treasurer,Secretary 750 N. COMMONS DRIVE, AURORA IL 60504
Dennis O Harris director 750 NORTH COMMONS DRIVE AURORA IL 60504
Matthew B Brady officer: President & CEO 750 N COMMONS DR, AURORA IL 60504
Michael T Moran officer: SVP, IBW 750 N COMMONS DRIVE AURORA IL 60504
Jeannie Diefenderfer director C/O MRV COMMUNICATIONS, INC., 20415 NORDHOFF STREET, CHATSWORTH CA 91311