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QNTQY (QinetiQ Group) Equity-to-Asset : 0.46 (As of Sep. 2024)


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What is QinetiQ Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. QinetiQ Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,228 Mil. QinetiQ Group's Total Assets for the quarter that ended in Sep. 2024 was $2,675 Mil. Therefore, QinetiQ Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.46.

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

QNTQY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.59   Max: 0.66
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of QinetiQ Group was 0.66. The lowest was 0.40. And the median was 0.59.

QNTQY's Equity-to-Asset is ranked worse than
52.7% of 315 companies
in the Aerospace & Defense industry
Industry Median: 0.48 vs QNTQY: 0.46

QinetiQ Group Equity-to-Asset Historical Data

The historical data trend for QinetiQ 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.

* Premium members only.

QinetiQ Group Equity-to-Asset Chart

QinetiQ Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.59 0.59 0.47 0.44

QinetiQ Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 0.61 0.47 0.49 0.44 0.46

Competitive Comparison of QinetiQ Group's Equity-to-Asset

For the Aerospace & Defense subindustry, QinetiQ 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.


QinetiQ Group's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's Equity-to-Asset distribution charts can be found below:

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



QinetiQ 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.

QinetiQ Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1176.747/2676.239
=0.44

QinetiQ Group'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
=1227.513/2674.603
=0.46

* 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.


QinetiQ Group  (OTCPK:QNTQY) 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%.


QinetiQ Group Equity-to-Asset Related Terms

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QinetiQ Group Business Description

Traded in Other Exchanges
Address
Ively Road, Cody Technology Park, Farnborough, Hampshire, GBR, GU14 0LX
QinetiQ Group PLC is a company operating in the global aerospace, defense, and security sectors. The services and products offered are air (air engineering services, air traffic management, safety, and environmental management); C4ISR (communication, reconnaissance, intelligence and surveillance, space security, fast jet sensor fusion training, sensors, cyber and data science among many others); Cyber (accreditation support, security health check, data classification, insider threat management among others); Maritime ( Maritime Autonomy Centre, Naval Mission Systems, Maritime Stealth among many others).