REE Automotive (REE Automotive) Equity-to-Asset : 0.57 (As of Dec. 2023)

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What is REE Automotive Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. REE Automotive's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $78.08 Mil. REE Automotive's Total Assets for the quarter that ended in Dec. 2023 was $137.90 Mil. Therefore, REE Automotive's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

REE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.84 Max: 0.93
Current: 0.57

During the past 5 years, the highest Equity to Asset Ratio of REE Automotive was 0.93. The lowest was 0.57. And the median was 0.84.

REE's Equity-to-Asset is ranked better than
66.31% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs REE: 0.57

REE Automotive Equity-to-Asset Historical Data

The historical data trend for REE Automotive'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.

REE Automotive Equity-to-Asset Chart

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.93

0.86

0.82

0.57

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										0.81	0.82	0.78	0.74	0.57

Competitive Comparison of REE Automotive's Equity-to-Asset

For the Recreational Vehicles subindustry, REE Automotive'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.

REE Automotive's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, REE Automotive's Equity-to-Asset distribution charts can be found below:

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

REE Automotive 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.

REE Automotive'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
	=	78.075	/	137.9
	=	0.57

REE Automotive'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
	=	78.075	/	137.9
	=	0.57

REE Automotive (NAS:REE) 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%.

REE Automotive Equity-to-Asset Related Terms

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

REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007