Maxeon Solar Technologies (Maxeon Solar Technologies) Equity-to-Asset : 0.13 (As of Sep. 2023)

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What is Maxeon Solar Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maxeon Solar Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $170 Mil. Maxeon Solar Technologies's Total Assets for the quarter that ended in Sep. 2023 was $1,301 Mil. Therefore, Maxeon Solar Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.13.

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

MAXN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.37 Max: 0.45
Current: 0.13

During the past 5 years, the highest Equity to Asset Ratio of Maxeon Solar Technologies was 0.45. The lowest was 0.03. And the median was 0.37.

MAXN's Equity-to-Asset is ranked worse than
95.11% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs MAXN: 0.13

Maxeon Solar Technologies Equity-to-Asset Historical Data

The historical data trend for Maxeon Solar Technologies'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.

Maxeon Solar Technologies Equity-to-Asset Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.45

0.37

0.44

0.33

0.03

Maxeon Solar Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.10	0.03	0.05	0.18	0.13

Competitive Comparison of Maxeon Solar Technologies's Equity-to-Asset

For the Solar subindustry, Maxeon Solar Technologies'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.

Maxeon Solar Technologies's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Maxeon Solar Technologies's Equity-to-Asset distribution charts can be found below:

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

Maxeon Solar Technologies 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.

Maxeon Solar Technologies'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
	=	42.437	/	1260.418
	=	0.03

Maxeon Solar Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	169.85	/	1300.748
	=	0.13

Maxeon Solar Technologies (NAS:MAXN) 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%.

Maxeon Solar Technologies Equity-to-Asset Related Terms

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Maxeon Solar Technologies (Maxeon Solar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (NAS:MAXN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

5QJ:Germany

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.