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UltratrexUTX Equity-to-Asset is 0.53 as of Dec. 2024.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ultratrex's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $11.61 Mil. Ultratrex's Total Assets for the quarter that ended in Dec. 2024 was $22.01 Mil.
Therefore, Ultratrex's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.53.
The historical rank and industry rank for Ultratrex's Equity-to-Asset or its related term are showing as below:
UTX's Equity-to-Asset is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.51 * Ranked among companies with meaningful Equity-to-Asset only.
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%.
Ultratrex Equity-to-Asset Related Terms
Ultratrex Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ultratrex'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.
Ultratrex Equity-to-Asset Chart
Ultratrex Annual Data
Trend
Jun23
Jun24
Equity-to-Asset
0.54
0.57
Ultratrex Semi-Annual Data
Jun23
Dec23
Jun24
Dec24
Equity-to-Asset
0.54
0.00
0.57
0.53
UTX vs : Equity-to-Asset Comparison
For the Farm & Heavy Construction Machinery subindustry, Ultratrex'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.
Ultratrex Equity-to-Asset vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ultratrex's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ultratrex's Equity-to-Asset falls into.
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.
Ultratrex's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 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.
Ultratrex (UTX) has a Equity-to-Asset of 0.53 as of Dec. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ultratrex and its competitors.
Is Ultratrex's Equity-to-Asset too high?
Ultratrex's current Equity-to-Asset is 0.53. The Farm & Heavy Construction Machinery industry median Equity-to-Asset is 0.51. Ultratrex's value of 0.53 is 3.9% above this industry median.
How does Ultratrex's Equity-to-Asset compare to ?
Ultratrex's Equity-to-Asset of 0.53 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Equity-to-Asset is 0.51. Ultratrex's value of 0.53 is 3.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Farm & Heavy Construction Machinery company?
The median Equity-to-Asset among Farm & Heavy Construction Machinery companies is 0.51, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultratrex's current Equity-to-Asset of 0.53 is 3.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ultratrex and its competitors. For the Farm & Heavy Construction Machinery industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultratrex's current Equity-to-Asset is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultratrex stock overvalued right now?
Ultratrex (UTX) has a current Equity-to-Asset of 0.53. The current Equity-to-Asset is 0.53 and 3.9% above the Farm & Heavy Construction Machinery industry median of 0.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Ultratrex (UTX), the current Equity-to-Asset is 0.53 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Ultratrex Inc is a holding company engaged in the manufacturing, trading and leasing of amphibious excavators, dredgers, machineries and amphibious harvesters, leasing of all kinds of hydraulic cranes, related heavy machineries and spare parts, as well as import and export of heavy machineries and related business. The Group operates in a single business segment involving manufacturing, trading and leasing of amphibious excavators, dredgers machineries and amphibious harvesters, and leasing of hydraulic cranes, related heavy machineries and spare parts. Its main revenue is generated mainly from the manufacturing and sale of amphibious vehicles and spare parts. The Group operates across Asia Pacific with majority of revenue, Europe, the Middle East, Africa, South America and North America.
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