Embark Technology (Embark Technology) Equity-to-Asset : 0.82 (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Embark Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Embark Technology's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $125.69 Mil. Embark Technology's Total Assets for the quarter that ended in Mar. 2023 was $153.44 Mil.

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

EMBKW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81 Med: 0.84 Max: 0.97
Current: 0.82

During the past 3 years, the highest Equity to Asset Ratio of Embark Technology was 0.97. The lowest was 0.81. And the median was 0.84.

EMBKW's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs EMBKW: 0.82

Embark Technology Equity-to-Asset Historical Data

The historical data trend for Embark Technology'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.

Embark Technology Equity-to-Asset Chart

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.97

0.81

0.86

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Equity-to-Asset	Get a 7-Day Free Trial					0.84	0.91	0.84	0.86	0.82

Competitive Comparison of Embark Technology's Equity-to-Asset

For the Software - Application subindustry, Embark Technology'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.

Embark Technology's Equity-to-Asset Distribution in the Software Industry

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

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

Embark Technology 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.

Embark Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	184.974	/	214.73
	=

Embark Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	125.693	/	153.435
	=

Embark Technology (NAS:EMBKW) 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%.

Embark Technology Equity-to-Asset Related Terms

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

Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBKW) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.