Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rocket Lab USA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $419.8 Mil. Rocket Lab USA's Total Assets for the quarter that ended in Sep. 2024 was $1,153.0 Mil.
Therefore, Rocket Lab USA's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.36.
The historical rank and industry rank for Rocket Lab USA's Equity-to-Asset or its related term are showing as below:
RKLB'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.89 Med: 0.63 Max: 0.71
Current: 0.36
During the past 4 years, the highest Equity to Asset Ratio of Rocket Lab USA was 0.71. The lowest was -0.89. And the median was 0.63.
RKLB's Equity-to-Asset is ranked worse than 63.81% of 315
companies
in the Aerospace & Defense industry
Industry Median: 0.48
vs RKLB: 0.36
Rocket Lab USA Equity-to-Asset Historical Data
The historical data trend for Rocket Lab USA'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 Rocket Lab USA's Equity-to-Asset
For the Aerospace & Defense subindustry, Rocket Lab USA'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.
Rocket Lab USA's Equity-to-Asset Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Rocket Lab USA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Rocket Lab USA's Equity-to-Asset falls into.
Rocket Lab USA 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.
Rocket Lab USA's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Rocket Lab USA (NAS:RKLB) 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%.
Rocket Lab USA Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Rocket Lab USA's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.
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