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Nerdwallet (Nerdwallet) Equity-to-Asset : 0.85 (As of Mar. 2024)


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What is Nerdwallet Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nerdwallet's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $378.7 Mil. Nerdwallet's Total Assets for the quarter that ended in Mar. 2024 was $446.1 Mil. Therefore, Nerdwallet's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

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

NRDS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.76   Max: 0.89
Current: 0.85

During the past 5 years, the highest Equity to Asset Ratio of Nerdwallet was 0.89. The lowest was 0.06. And the median was 0.76.

NRDS's Equity-to-Asset is ranked better than
84.11% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs NRDS: 0.85

Nerdwallet Equity-to-Asset Historical Data

The historical data trend for Nerdwallet'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.

Nerdwallet Equity-to-Asset Chart

Nerdwallet Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.06 0.32 0.71 0.80 0.88

Nerdwallet Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.89 0.87 0.88 0.85

Competitive Comparison of Nerdwallet's Equity-to-Asset

For the Internet Content & Information subindustry, Nerdwallet'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.


Nerdwallet's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Nerdwallet's Equity-to-Asset distribution charts can be found below:

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



Nerdwallet 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.

Nerdwallet'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
=366.9/418.6
=0.88

Nerdwallet's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=378.7/446.1
=0.85

* 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.


Nerdwallet  (NAS:NRDS) 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%.


Nerdwallet Equity-to-Asset Related Terms

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


Nerdwallet (Nerdwallet) Business Description

Traded in Other Exchanges
Address
55 Hawthorne Street, 11th Floor, San Francisco, CA, USA, 94105
Nerdwallet Inc is a free tool to find you the best credit cards, cd rates, savings, checking accounts, scholarships, healthcare, personal loans and airlines.
Executives
Maurice Kevin Taylor director 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
Tim Chao-ming Chen director, 10 percent owner, officer: Chief Executive Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kevin Yuann officer: Chief Business Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Samuel Yount officer: VP, General Manager 55 HAWTHORNE STREET, 11TH FLOOR, SAN FRANCISCO CA 94105
John Caine officer: Chief Product Officer 350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Lauren Stclair officer: Chief Financial Officer 55 HAWTHORNE, FLOOR 11, SAN FRANCISCO CA 94105
Kelly Gillease officer: Chief Marketing Officer 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Thomas Loverro director 55 HAWTHORNE, FLOOR 11, 5TH FLOOR, SAN FRANCISCO CA 94105
Jennifer Ceran director C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Kenneth Thomas Mcbride director STAMPS.COM INC., 1990 E. GRAND AVE., EL SEGUNDO CA 90245
Robinson James D Iii director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Innovius Capital Gp I, Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3720, SAN FRANCISCO CA 94111
Jules A. Maltz 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
Institutional Venture Management Xiv, Llc 10 percent owner 3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025

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