ODII (Odyssey Semiconductor Technologies) Equity-to-Asset : -3.74 (As of Dec. 2023)

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What is Odyssey Semiconductor Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Odyssey Semiconductor Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-5.33 Mil. Odyssey Semiconductor Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1.43 Mil. Therefore, Odyssey Semiconductor Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -3.74.

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

ODII' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.74 Med: 0.37 Max: 0.85
Current: -3.74

During the past 6 years, the highest Equity to Asset Ratio of Odyssey Semiconductor Technologies was 0.85. The lowest was -3.74. And the median was 0.37.

ODII's Equity-to-Asset is ranked worse than
99.41% of 1014 companies
in the Semiconductors industry
Industry Median: 0.63 vs ODII: -3.74

Odyssey Semiconductor Technologies Equity-to-Asset Historical Data

The historical data trend for Odyssey Semiconductor Technologies'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.

Odyssey Semiconductor Technologies Equity-to-Asset Chart

Odyssey Semiconductor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.75

0.32

0.85

-0.38

-3.74

Odyssey Semiconductor Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-0.38	-0.89	-1.78	-2.66	-3.74

Competitive Comparison of Odyssey Semiconductor Technologies's Equity-to-Asset

For the Semiconductors subindustry, Odyssey Semiconductor Technologies'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.

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

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

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

Odyssey Semiconductor Technologies 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.

Odyssey Semiconductor Technologies'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
	=	-5.331	/	1.426
	=	-3.74

Odyssey Semiconductor Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-5.331	/	1.426
	=	-3.74

Odyssey Semiconductor Technologies (OTCPK:ODII) 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%.

Odyssey Semiconductor Technologies Equity-to-Asset Related Terms

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Odyssey Semiconductor Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Odyssey Semiconductor Technologies Inc (OTCPK:ODII) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Brown Road, Ithaca, NY, USA, 14850

Website

https://www.odysseysemi.com

Odyssey Semiconductor Technologies Inc is a semiconductor device company developing revolutionary high-voltage power switching components and systems based on proprietary Gallium Nitride (GaN) processing technology. The company's GaN processing technology allows for the realization of vertical current conduction GaN devices which extends application voltages from 1,000 V to over 10,000V, allowing GaN power switching devices to extend well beyond the consumer electronics application space and into more demanding applications such as electric vehicles, industrial motor control, and energy grid applications.