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Transact Technologies (Transact Technologies) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Transact Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transact Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $39.41 Mil. Transact Technologies's Total Assets for the quarter that ended in Dec. 2023 was $54.20 Mil. Therefore, Transact Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

TACT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.74   Max: 0.79
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Transact Technologies was 0.79. The lowest was 0.65. And the median was 0.74.

TACT's Equity-to-Asset is ranked better than
75.68% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs TACT: 0.73

Transact Technologies Equity-to-Asset Historical Data

The historical data trend for Transact 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.

Transact Technologies Equity-to-Asset Chart

Transact Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.72 0.77 0.65 0.73

Transact Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.65 0.72 0.68 0.69 0.73

Competitive Comparison of Transact Technologies's Equity-to-Asset

For the Computer Hardware subindustry, Transact 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.


Transact Technologies's Equity-to-Asset Distribution in the Hardware Industry

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

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



Transact 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.

Transact Technologies'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
=39.414/54.198
=0.73

Transact Technologies'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
=39.414/54.198
=0.73

* 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.


Transact Technologies  (NAS:TACT) 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%.


Transact Technologies Equity-to-Asset Related Terms

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


Transact Technologies (Transact Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2319 Whitney Avenue, One Hamden Center, Suite 3B, Hamden, CT, USA, 06518
Transact Technologies Inc develops and sells software-driven technology and printing solutions. The company's software is sold under BOHA, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names. It also provides supplies and consumables used in the printing and scanning activities to restaurant and hospitality, banking, retail, casino and gaming, point of sale automation, lottery, medical, mobile, oil, and gas markets. Most of the revenue is derived from the casinos and gaming industry followed by the Foodservice technology market. Its geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
Executives
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
325 Master Fund Lp director, 10 percent owner 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
325 Capital Gp, Llc director, 10 percent owner 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
Gaurav Bahri officer: Chief Revenue Officer 12586 MISTY CREEK LANE, FAIRFAX VA 22033
William Defrances officer: Chief Accounting Officer
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bart C Shuldman director, officer: Chairman and CEO 6700 PARADISE ROAD, SUITE D, LAS VEGAS NV 89119
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Kenan Lucas 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Fund Advisors, Inc. 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Management Corp 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203