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Shekel Brainweigh (ASX:SBW) Equity-to-Asset : -0.26 (As of Dec. 2023)


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What is Shekel Brainweigh Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shekel Brainweigh's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-8.52 Mil. Shekel Brainweigh's Total Assets for the quarter that ended in Dec. 2023 was A$33.23 Mil. Therefore, Shekel Brainweigh's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.26.

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

ASX:SBW' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.26   Med: 0.28   Max: 0.6
Current: -0.26

During the past 7 years, the highest Equity to Asset Ratio of Shekel Brainweigh was 0.60. The lowest was -0.26. And the median was 0.28.

ASX:SBW's Equity-to-Asset is ranked worse than
97.39% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs ASX:SBW: -0.26

Shekel Brainweigh Equity-to-Asset Historical Data

The historical data trend for Shekel Brainweigh'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.

Shekel Brainweigh Equity-to-Asset Chart

Shekel Brainweigh Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.46 0.28 0.04 -0.01 -0.26

Shekel Brainweigh Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.04 0.02 -0.01 -0.09 -0.26

Competitive Comparison of Shekel Brainweigh's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Shekel Brainweigh'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.


Shekel Brainweigh's Equity-to-Asset Distribution in the Hardware Industry

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

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



Shekel Brainweigh 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.

Shekel Brainweigh'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
=-8.517/33.231
=-0.26

Shekel Brainweigh'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
=-8.517/33.231
=-0.26

* 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.


Shekel Brainweigh  (ASX:SBW) 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%.


Shekel Brainweigh Equity-to-Asset Related Terms

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Shekel Brainweigh (ASX:SBW) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Beit Keshet, Lower Galilee Mobile Mail, Nazareth, ISR, 1524700
Shekel Brainweight Ltd is engaged in developing, manufacturing, and distributing weighing systems for the retail, healthcare, and industrial markets. The company has three reportable segments which include Retail, Healthcare, and Industry. The majority of revenue derives from the Healthcare and Retail segment.

Shekel Brainweigh (ASX:SBW) Headlines

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