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HOOD (Robinhood Markets) Equity-to-Asset : 0.17 (As of Sep. 2024)


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What is Robinhood Markets Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Robinhood Markets's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $7,208 Mil. Robinhood Markets's Total Assets for the quarter that ended in Sep. 2024 was $43,245 Mil. Therefore, Robinhood Markets's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.17.

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

HOOD' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.11   Med: 0.25   Max: 0.38
Current: 0.17

During the past 5 years, the highest Equity to Asset Ratio of Robinhood Markets was 0.38. The lowest was -0.11. And the median was 0.25.

HOOD's Equity-to-Asset is ranked worse than
80.93% of 797 companies
in the Capital Markets industry
Industry Median: 0.54 vs HOOD: 0.17

Robinhood Markets Equity-to-Asset Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Equity-to-Asset Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.03 -0.01 0.37 0.30 0.21

Robinhood Markets 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 0.25 0.21 0.15 0.17 0.17

Competitive Comparison of Robinhood Markets's Equity-to-Asset

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Robinhood Markets's Equity-to-Asset distribution charts can be found below:

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



Robinhood Markets 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.

Robinhood Markets'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
=6696/32332
=0.21

Robinhood Markets'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
=7208/43245
=0.17

* 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.


Robinhood Markets  (NAS:HOOD) 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%.


Robinhood Markets Equity-to-Asset Related Terms

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


Robinhood Markets Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.
Executives
Gallagher Daniel Martin Jr officer: Chief Legal Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Steven M. Quirk officer: Chief Brokerage Officer C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jason Warnick officer: Chief Financial Officer C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025
Meyer Malka director 364 UNIVERSITY AVENUE, PALO ALTO CA 94301
Baiju Bhatt director, 10 percent owner, officer: Chief Creative Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Vladimir Tenev director, 10 percent owner, officer: Chief Executive Officer C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp director, 10 percent owner NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ
Scott D Sandell director, 10 percent owner
Florence Anthony A. Jr. director, 10 percent owner 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815
Mohamad Makhzoumi director, 10 percent owner 2855 SAND HILL ROAD, MENLO PARK CA 94025
Forest Baskett director, 10 percent owner
Frances X Frei director ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012
Gretchen Howard officer: Chief Operating Officer 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Oluwadara Johnson Treseder director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Aparna Chennapragada officer: Chief Product Officer C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125