Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hyzon Motors's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $130.69 Mil. Hyzon Motors's Total Assets for the quarter that ended in Dec. 2023 was $191.14 Mil.
Therefore, Hyzon Motors's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.
The historical rank and industry rank for Hyzon Motors's Equity-to-Asset or its related term are showing as below:
HYZN'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68 Med: 0.71 Max: 0.82
Current: 0.68
During the past 4 years, the highest Equity to Asset Ratio of Hyzon Motors was 0.82. The lowest was 0.68. And the median was 0.71.
HYZN's Equity-to-Asset is ranked better than 79.91% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs HYZN: 0.68
Hyzon Motors Equity-to-Asset Historical Data
The historical data trend for Hyzon Motors'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.
Competitive Comparison of Hyzon Motors's Equity-to-Asset
For the Auto Parts subindustry, Hyzon Motors'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.
Hyzon Motors's Equity-to-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Hyzon Motors's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hyzon Motors's Equity-to-Asset falls into.
Hyzon Motors 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.
Hyzon Motors's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Hyzon Motors Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Hyzon Motors's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Hyzon Motors Inc assembles and supplies hydrogen fuel cell-powered commercial vehicles across North America, Europe, China, and Australasia. In addition, it builds and fosters a clean hydrogen supply ecosystem with partners from feedstocks through production, dispensing and financing. The company intends to meet its customers' zero-emission vehicle needs by electrifying proven vehicle platforms utilizing its industry- leading fuel cell and electric propulsion technologies. It expects to deploy these technologies in various vehicle classes, including heavy-duty and medium-duty trucks and buses with the potential for future expansion into light-duty commercial vehicles, additional mobility use cases and stationary power applications.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HYZN has been successfully added to your 