Critical Infrastructure Technologies (XCNQ:CTTT) Equity-to-Asset : 0.51 (As of Mar. 2024)

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What is Critical Infrastructure Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Critical Infrastructure Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$2.16 Mil. Critical Infrastructure Technologies's Total Assets for the quarter that ended in Mar. 2024 was C$4.27 Mil.

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

XCNQ:CTTT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.56 Max: 0.95
Current: 0.51

During the past 3 years, the highest Equity to Asset Ratio of Critical Infrastructure Technologies was 0.95. The lowest was 0.33. And the median was 0.56.

XCNQ:CTTT's Equity-to-Asset is ranked worse than
59.51% of 2492 companies
in the Hardware industry
Industry Median: 0.57 vs XCNQ:CTTT: 0.51

Critical Infrastructure Technologies Equity-to-Asset Historical Data

The historical data trend for Critical Infrastructure 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.

Critical Infrastructure Technologies Equity-to-Asset Chart

Critical Infrastructure Technologies Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

-0.27

0.33

0.58

Critical Infrastructure Technologies Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.95	0.58	0.64	0.54	0.51

Competitive Comparison of Critical Infrastructure Technologies's Equity-to-Asset

For the Communication Equipment subindustry, Critical Infrastructure 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.

Critical Infrastructure Technologies's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Critical Infrastructure Technologies's Equity-to-Asset distribution charts can be found below:

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

Critical Infrastructure 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.

Critical Infrastructure Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2.387	/	4.142
	=

Critical Infrastructure Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2.162	/	4.269
	=

Critical Infrastructure Technologies (XCNQ:CTTT) 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%.

Critical Infrastructure Technologies Equity-to-Asset Related Terms

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

Critical Infrastructure Technologies (XCNQ:CTTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Critical Infrastructure Technologies Ltd (XCNQ:CTTT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 2600, Vancouver, BC, CAN, V6E 3X1

Website

https://www.citech.com.au

Critical Infrastructure Technologies Ltd designs and develops rapidly deployable infrastructure and power systems to support life and mission-critical applications. The company's product set is a range of rapidly deployable, high-capacity communications platforms called the NEXUS 16 and CiNet. The NEXUS 16 is a fully integrated, high-capacity communications platform that can be quickly and safely transported to remote and hostile locations and be fully operational and transmitted in under 60 minutes. CiNet was built to support the Nexus products and provide seamless integration into the operator's own Network Management Systems.

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