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WLDS (Wearable Devices) Equity-to-Asset : 0.65 (As of Dec. 2024)


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What is Wearable Devices Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wearable Devices's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $3.86 Mil. Wearable Devices's Total Assets for the quarter that ended in Dec. 2024 was $5.98 Mil. Therefore, Wearable Devices's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.65.

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

WLDS' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.97   Med: 0.6   Max: 0.89
Current: 0.65

During the past 6 years, the highest Equity to Asset Ratio of Wearable Devices was 0.89. The lowest was -4.97. And the median was 0.60.

WLDS's Equity-to-Asset is ranked better than
64.26% of 2465 companies
in the Hardware industry
Industry Median: 0.57 vs WLDS: 0.65

Wearable Devices Equity-to-Asset Historical Data

The historical data trend for Wearable Devices'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.

Wearable Devices Equity-to-Asset Chart

Wearable Devices Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial -4.97 0.56 0.89 0.73 0.65

Wearable Devices Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.89 0.82 0.73 0.32 0.65

Competitive Comparison of Wearable Devices's Equity-to-Asset

For the Consumer Electronics subindustry, Wearable Devices'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.


Wearable Devices's Equity-to-Asset Distribution in the Hardware Industry

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

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


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Wearable Devices 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.

Wearable Devices's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=3.86/5.976
=0.65

Wearable Devices's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=3.86/5.976
=0.65

* 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.


Wearable Devices  (NAS:WLDS) 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%.


Wearable Devices Equity-to-Asset Related Terms

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


Wearable Devices Business Description

Traded in Other Exchanges
N/A
Address
5 Ha-Tnufa Street, Yokne’am Illit, Illit, ISR, 2066736
Wearable Devices Ltd develops and sells human-machine interface solutions for the smart wearables industry. These digital devices include consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, PCs, laptop computers, drones, robots, etc. The company has completed the transition phase from research and development to commercialization of technology into B2B and B2C products. Its products include Mudra Inspire, a band for the Apple Watch that allows touchless operation and control of Apple ecosystem devices such as iPhone, Mac computer, Apple TV, and iPad, inter alia.