GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Weebit Nano Ltd (OTCPK:WBTNF) » Definitions » Equity-to-Asset

WBTNF (Weebit Nano) Equity-to-Asset : 0.94 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Weebit Nano Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Weebit Nano's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $61.22 Mil. Weebit Nano's Total Assets for the quarter that ended in Dec. 2024 was $64.87 Mil. Therefore, Weebit Nano's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.94.

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

WBTNF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.88   Max: 0.95
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Weebit Nano was 0.95. The lowest was -0.07. And the median was 0.88.

WBTNF's Equity-to-Asset is ranked better than
97.44% of 1015 companies
in the Semiconductors industry
Industry Median: 0.63 vs WBTNF: 0.94

Weebit Nano Equity-to-Asset Historical Data

The historical data trend for Weebit Nano'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.

Weebit Nano Equity-to-Asset Chart

Weebit Nano Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.95 0.95 0.94 0.92

Weebit Nano Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.81 0.94 0.93 0.92 0.94

Competitive Comparison of Weebit Nano's Equity-to-Asset

For the Semiconductors subindustry, Weebit Nano'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.


Weebit Nano's Equity-to-Asset Distribution in the Semiconductors Industry

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

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


;
;

Weebit Nano 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.

Weebit Nano's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=40.502/43.843
=0.92

Weebit Nano's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=61.215/64.865
=0.94

* 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.


Weebit Nano  (OTCPK:WBTNF) 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%.


Weebit Nano Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Weebit Nano's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Weebit Nano Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Weebit Nano Ltd is a developer and licensor of semiconductor memory technology. The company's Resistive RAM (ReRAM) addresses the growing need for significantly higher performance and lower power memory solutions in a range of new electronic products such as Internet of Things (IoT) devices, smartphones, robotics, autonomous vehicles, 5G communications and artificial intelligence. Weebit ReRAM is designed to enable semiconductor memory elements to be significantly faster, less expensive, more reliable and more energy efficient than those using existing flash memory solutions. As it is based on fab-friendly materials, the technology can be quickly and easily integrated with existing flows and processes, without the need for special equipment or large investments.

Weebit Nano Headlines