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Baijiayun Group (Baijiayun Group) Equity-to-Asset : 0.64 (As of Jun. 2023)


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What is Baijiayun Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Baijiayun Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $88.71 Mil. Baijiayun Group's Total Assets for the quarter that ended in Jun. 2023 was $139.29 Mil. Therefore, Baijiayun Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.64.

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

RTC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.11   Med: 0.51   Max: 0.67
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Baijiayun Group was 0.67. The lowest was -0.11. And the median was 0.51.

RTC's Equity-to-Asset is ranked better than
63.22% of 2841 companies
in the Software industry
Industry Median: 0.55 vs RTC: 0.64

Baijiayun Group Equity-to-Asset Historical Data

The historical data trend for Baijiayun Group'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.

Baijiayun Group Equity-to-Asset Chart

Baijiayun Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.51 0.67 -0.11 0.64

Baijiayun Group 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 0.74 0.67 -0.11 0.60 0.64

Competitive Comparison of Baijiayun Group's Equity-to-Asset

For the Software - Application subindustry, Baijiayun Group'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.


Baijiayun Group's Equity-to-Asset Distribution in the Software Industry

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

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



Baijiayun Group 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.

Baijiayun Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=88.713/139.288
=0.64

Baijiayun Group'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
=88.713/139.288
=0.64

* 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.


Baijiayun Group  (NAS:RTC) 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%.


Baijiayun Group Equity-to-Asset Related Terms

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


Baijiayun Group (Baijiayun Group) Business Description

Traded in Other Exchanges
Address
No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000
Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.