Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NII Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-153.6 Mil. NII Holdings's Total Assets for the quarter that ended in Sep. 2019 was $1,253.3 Mil.
The historical rank and industry rank for NII Holdings's Equity-to-Asset or its related term are showing as below:
NIHD's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41 * Ranked among companies with meaningful Equity-to-Asset only.
NII Holdings Equity-to-Asset Historical Data
The historical data trend for NII Holdings'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 NII Holdings's Equity-to-Asset
For the Telecom Services subindustry, NII Holdings'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.
NII Holdings's Equity-to-Asset Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, NII Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NII Holdings's Equity-to-Asset falls into.
NII Holdings 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.
NII Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 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.
NII Holdings (NAS:NIHD) 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%.
NII Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of NII Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
NII Holdings was incorporated in Virginia but conducts all of its business in Latin America. The firm provides a push-to-talk wireless service, using technology licensed from Motorola, in four countries. It has more than 9 million customers in total throughout Mexico, Brazil, Chile, and Argentina. The firm is rolling out 3G wireless services in all these regions over the next few years.
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