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AIRO (AIRO Group) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is AIRO Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AIRO Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $591.36 Mil. AIRO Group's Total Assets for the quarter that ended in Mar. 2024 was $729.05 Mil. Therefore, AIRO Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

AIRO's Equity-to-Asset is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

AIRO Group Equity-to-Asset Historical Data

The historical data trend for AIRO Group'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.

AIRO Group Equity-to-Asset Chart

AIRO Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-7.77 -10.87 0.85 0.81

AIRO Group Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.85 0.60 0.59 0.81 0.81

Competitive Comparison of AIRO Group's Equity-to-Asset

For the Aerospace & Defense subindustry, AIRO Group'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.


AIRO Group's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AIRO Group's Equity-to-Asset distribution charts can be found below:

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



AIRO Group 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.

AIRO Group'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
=595.456/737.523
=0.81

AIRO Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=591.357/729.052
=0.81

* 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.


AIRO Group  (NAS:AIRO) 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%.


AIRO Group Equity-to-Asset Related Terms

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AIRO Group Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110
AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group Headlines

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