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Roku (FRA:R35) Equity-to-Asset : 0.57 (As of Sep. 2024)


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What is Roku Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roku's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €2,217 Mil. Roku's Total Assets for the quarter that ended in Sep. 2024 was €3,877 Mil. Therefore, Roku's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.57.

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

FRA:R35' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.15   Med: 0.56   Max: 0.7
Current: 0.57

During the past 9 years, the highest Equity to Asset Ratio of Roku was 0.70. The lowest was -1.15. And the median was 0.56.

FRA:R35's Equity-to-Asset is ranked better than
57.4% of 1047 companies
in the Media - Diversified industry
Industry Median: 0.5 vs FRA:R35: 0.57

Roku Equity-to-Asset Historical Data

The historical data trend for Roku'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.

Roku Equity-to-Asset Chart

Roku Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.48 0.59 0.68 0.60 0.55

Roku Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial 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 0.55 0.55 0.57 0.58 0.57

Competitive Comparison of Roku's Equity-to-Asset

For the Entertainment subindustry, Roku'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.


Roku's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Roku's Equity-to-Asset distribution charts can be found below:

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



Roku 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.

Roku'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
=2133.247/3908.063
=0.55

Roku's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=2216.92/3877.378
=0.57

* 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.


Roku  (FRA:R35) 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%.


Roku Equity-to-Asset Related Terms

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


Roku Business Description

Address
1155 Coleman Avenue, San Jose, CA, USA, 95110
Roku enables consumers to stream television programming. It has more than 80 million streaming households and provided well over 100 billion streaming hours in 2023. Roku is the top streaming operating system in the US, reaching more than half of broadband households, according to the company. Roku's OS is built into streaming devices and televisions that Roku sells and on connected televisions from other manufacturers that license Roku's name and software. Roku also operates the Roku Channel, a free, ad-supported streaming television platform that offers a mix of on-demand and live television programming. Roku generates revenue primarily from selling devices, licensing, and advertising, and it receives fees from subscription streaming platforms that sell subscriptions through Roku.

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