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Indie Semiconductor (Indie Semiconductor) Equity-to-Asset : 0.54 (As of Mar. 2024)


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What is Indie Semiconductor Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indie Semiconductor's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $432.88 Mil. Indie Semiconductor's Total Assets for the quarter that ended in Mar. 2024 was $803.65 Mil. Therefore, Indie Semiconductor's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.54.

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

INDIW' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.14   Med: 0.52   Max: 0.73
Current: 0.54

During the past 4 years, the highest Equity to Asset Ratio of Indie Semiconductor was 0.73. The lowest was -3.14. And the median was 0.52.

INDIW's Equity-to-Asset is ranked worse than
61.28% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs INDIW: 0.54

Indie Semiconductor Equity-to-Asset Historical Data

The historical data trend for Indie Semiconductor'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.

Indie Semiconductor Equity-to-Asset Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-3.14 0.67 0.52 0.55

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.46 0.50 0.51 0.55 0.54

Competitive Comparison of Indie Semiconductor's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, Indie Semiconductor'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.


Indie Semiconductor's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Indie Semiconductor 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.

Indie Semiconductor'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
=446.149/818.876
=0.54

Indie Semiconductor'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
=432.877/803.648
=0.54

* 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.


Indie Semiconductor  (NAS:INDIW) 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%.


Indie Semiconductor Equity-to-Asset Related Terms

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Indie Semiconductor (Indie Semiconductor) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.