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AirNet Technology (AirNet Technology) Equity-to-Asset : 0.10 (As of Jun. 2023)


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What is AirNet Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AirNet Technology's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $6.92 Mil. AirNet Technology's Total Assets for the quarter that ended in Jun. 2023 was $70.58 Mil. Therefore, AirNet Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.10.

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

ANTE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.55   Max: 0.78
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of AirNet Technology was 0.78. The lowest was 0.10. And the median was 0.55.

ANTE's Equity-to-Asset is ranked worse than
86.23% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs ANTE: 0.10

AirNet Technology Equity-to-Asset Historical Data

The historical data trend for AirNet Technology'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.

AirNet Technology Equity-to-Asset Chart

AirNet Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.21 0.28 0.26 0.40

AirNet Technology Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.32 0.26 0.48 0.40 0.10

Competitive Comparison of AirNet Technology's Equity-to-Asset

For the Advertising Agencies subindustry, AirNet Technology'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.


AirNet Technology's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AirNet Technology's Equity-to-Asset distribution charts can be found below:

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



AirNet Technology 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.

AirNet Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=45.762/115.149
=0.40

AirNet Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=6.922/70.581
=0.10

* 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.


AirNet Technology  (NAS:ANTE) 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%.


AirNet Technology Equity-to-Asset Related Terms

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AirNet Technology (AirNet Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 26 Dongzhimenwai Street, Chaoyang District, Beijing, CHN, 100027
AirNet Technology Inc provides in-flight solutions to connectivity, entertainment, and digital multimedia in China. It offers Internet connections through a network of satellites and land-based beacons, provides airline travelers with interactive entertainment, and breaking news, and furnishes corporate clients with advertisements tailored to the perceptions of the travelers. It operates in two operating segments i.e. cryptocurrency mining, and selling advertising time slots on their network, air travel advertising network throughout PRC.