XTI Aerospace (XTI Aerospace) Equity-to-Asset : 0.58 (As of Dec. 2022)

View and export this data going back to 2024. Start your Free Trial

What is XTI Aerospace Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. XTI Aerospace's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $33.30 Mil. XTI Aerospace's Total Assets for the quarter that ended in Dec. 2022 was $57.64 Mil.

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

XTIA' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.74 Med: 0.27 Max: 0.58
Current: 0.27

During the past 3 years, the highest Equity to Asset Ratio of XTI Aerospace was 0.58. The lowest was -1.74. And the median was 0.27.

XTIA's Equity-to-Asset is ranked worse than
74.04% of 312 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs XTIA: 0.27

XTI Aerospace Equity-to-Asset Historical Data

The historical data trend for XTI Aerospace'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.

XTI Aerospace Equity-to-Asset Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

-1.74

0.58

0.27

XTI Aerospace Semi-Annual Data
	Dec21	Dec22	Dec23
Equity-to-Asset	-1.74	0.58	0.27

Competitive Comparison of XTI Aerospace's Equity-to-Asset

For the Aerospace & Defense subindustry, XTI Aerospace'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.

XTI Aerospace's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, XTI Aerospace's Equity-to-Asset distribution charts can be found below:

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

XTI Aerospace 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.

XTI Aerospace'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
	=	6.339	/	23.769
	=	0.27

XTI Aerospace's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	33.299	/	57.635
	=

XTI Aerospace (NAS:XTIA) 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%.

XTI Aerospace Equity-to-Asset Related Terms

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

XTI Aerospace (XTI Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024