Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nutanix's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-612 Mil. Nutanix's Total Assets for the quarter that ended in Jan. 2024 was $2,730 Mil.
Therefore, Nutanix's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.22.
The historical rank and industry rank for Nutanix's Equity-to-Asset or its related term are showing as below:
NTNX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.1 Med: -0.24 Max: 0.29
Current: -0.22
During the past 11 years, the highest Equity to Asset Ratio of Nutanix was 0.29. The lowest was -1.10. And the median was -0.24.
NTNX's Equity-to-Asset is ranked worse than 93.17% of 2841
companies
in the Software industry
Industry Median: 0.55
vs NTNX: -0.22
Nutanix Equity-to-Asset Historical Data
The historical data trend for Nutanix'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 Nutanix's Equity-to-Asset
For the Software - Infrastructure subindustry, Nutanix'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.
Nutanix's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Nutanix's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nutanix's Equity-to-Asset falls into.
Nutanix 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.
Nutanix's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Nutanix (NAS:NTNX) 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%.
Nutanix Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Nutanix's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Nutanix Inc provides native hybrid cloud capabilities for businesses. The company offers Enterprise Cloud Platform to businesses for various uses such as web-scale engineering and consumer-grade design, virtualization, and storage into a resilient, and software-defined solution. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, the Middle East, Asia Pacific, Africa, and other regions.
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