Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kromek Group's Total Stockholders Equity for the quarter that ended in Oct. 2023 was £47.31 Mil. Kromek Group's Total Assets for the quarter that ended in Oct. 2023 was £68.75 Mil.
Therefore, Kromek Group's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.69.
The historical rank and industry rank for Kromek Group's Equity-to-Asset or its related term are showing as below:
LSE:KMK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.76 Max: 0.87
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of Kromek Group was 0.87. The lowest was 0.65. And the median was 0.76.
LSE:KMK's Equity-to-Asset is ranked better than 69.92% of 2493
companies
in the Hardware industry
Industry Median: 0.57
vs LSE:KMK: 0.69
Kromek Group Equity-to-Asset Historical Data
The historical data trend for Kromek Group'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.
Competitive Comparison of Kromek Group's Equity-to-Asset
For the Scientific & Technical Instruments subindustry, Kromek Group'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.
Kromek Group's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Kromek Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kromek Group's Equity-to-Asset falls into.
Kromek Group 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.
Kromek Group's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
Kromek Group (LSE:KMK) 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%.
Kromek Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kromek Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kromek Group PLC is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterization capabilities within the medical imaging, nuclear detection, and security screening markets. Based on its technology platforms, the company design, develop, and produces x-ray and gamma-ray imaging and radiation detection products for the industrial and consumer markets. Some of its products include TN15 thermal neutron detector, SPEAR CZT-based radiation detector, VTF voltage to frequency converter, D3S NET networked radiation detector, and Photon-counting spectral CT. Its geographical segments include the United Kingdom, North America, Asia, Europe, and Australasia, of which the majority of the revenue comes from North America.
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