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BlackBerry (LTS:0R0P) Equity-to-Asset : 0.56 (As of Feb. 2024)


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What is BlackBerry Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlackBerry's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$1,048 Mil. BlackBerry's Total Assets for the quarter that ended in Feb. 2024 was C$1,883 Mil. Therefore, BlackBerry's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.56.

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

LTS:0R0P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.59   Max: 0.66
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of BlackBerry was 0.66. The lowest was 0.51. And the median was 0.59.

LTS:0R0P's Equity-to-Asset is ranked better than
52.48% of 2841 companies
in the Software industry
Industry Median: 0.55 vs LTS:0R0P: 0.56

BlackBerry Equity-to-Asset Historical Data

The historical data trend for BlackBerry'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.

BlackBerry Equity-to-Asset Chart

BlackBerry Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.53 0.61 0.51 0.56

BlackBerry Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.51 0.51 0.51 0.59 0.56

Competitive Comparison of BlackBerry's Equity-to-Asset

For the Software - Infrastructure subindustry, BlackBerry'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.


BlackBerry's Equity-to-Asset Distribution in the Software Industry

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

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



BlackBerry 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.

BlackBerry's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1047.6/1883.25
=0.56

BlackBerry's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1047.6/1883.25
=0.56

* 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.


BlackBerry  (LTS:0R0P) 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%.


BlackBerry Equity-to-Asset Related Terms

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


BlackBerry (LTS:0R0P) Business Description

Address
2200 University Avenue East, Waterloo, ON, CAN, N2K 0A7
BlackBerry, once known for being the world's largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communication for enterprises. The firm provides endpoint management and protection to enterprises, specializing in regulated industries like government, as well as embedded software to the automotive, medical, and industrial markets.

BlackBerry (LTS:0R0P) Headlines

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