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RoboGroup TEK (XTAE:ROBO) Equity-to-Asset : 0.43 (As of Dec. 2023)


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What is RoboGroup TEK Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RoboGroup TEK's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪34.80 Mil. RoboGroup TEK's Total Assets for the quarter that ended in Dec. 2023 was ₪81.06 Mil. Therefore, RoboGroup TEK's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

XTAE:ROBO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.44   Max: 0.5
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of RoboGroup TEK was 0.50. The lowest was 0.24. And the median was 0.44.

XTAE:ROBO's Equity-to-Asset is ranked worse than
70.91% of 2492 companies
in the Hardware industry
Industry Median: 0.57 vs XTAE:ROBO: 0.43

RoboGroup TEK Equity-to-Asset Historical Data

The historical data trend for RoboGroup TEK'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.

RoboGroup TEK Equity-to-Asset Chart

RoboGroup TEK Annual Data
Trend Dec03 Dec04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.50 0.41 0.49 0.43

RoboGroup TEK Semi-Annual Data
Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec16 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.41 0.49 0.49 0.46 0.43

Competitive Comparison of RoboGroup TEK's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, RoboGroup TEK'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.


RoboGroup TEK's Equity-to-Asset Distribution in the Hardware Industry

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

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



RoboGroup TEK 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.

RoboGroup TEK's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=34.796/81.055
=0.43

RoboGroup TEK's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=34.796/81.055
=0.43

* 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.


RoboGroup TEK  (XTAE:ROBO) 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%.


RoboGroup TEK Equity-to-Asset Related Terms

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


RoboGroup TEK (XTAE:ROBO) Business Description

Traded in Other Exchanges
Address
13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091
RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies. It has technologies in the fields of robotics, motion control and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Its products include intelitek; Coderz.

RoboGroup TEK (XTAE:ROBO) Headlines