Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aeva Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $228.44 Mil. Aeva Technologies's Total Assets for the quarter that ended in Dec. 2023 was $257.39 Mil.
Therefore, Aeva Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.
The historical rank and industry rank for Aeva Technologies's Equity-to-Asset or its related term are showing as below:
AEVA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.91 Max: 0.95
Current: 0.89
During the past 5 years, the highest Equity to Asset Ratio of Aeva Technologies was 0.95. The lowest was 0.83. And the median was 0.91.
AEVA's Equity-to-Asset is ranked better than 94.68% of 2841
companies
in the Software industry
Industry Median: 0.55
vs AEVA: 0.89
Aeva Technologies Equity-to-Asset Historical Data
The historical data trend for Aeva 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.
Competitive Comparison of Aeva Technologies's Equity-to-Asset
For the Software - Infrastructure subindustry, Aeva 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.
Aeva Technologies's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Aeva Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aeva Technologies's Equity-to-Asset falls into.
Aeva 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.
Aeva Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
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%.
Aeva Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Aeva Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Aeva Technologies (Aeva Technologies) Business Description
Aeva Technologies Inc through its Frequency Modulated Continuous Wave (FMCW) sensing technology, designs a 4D LiDAR-on-chip that, along with its proprietary software applications, has the potential to enable the adoption of LiDAR across broad applications from automated driving to consumer electronics, consumer health, industrial automation, and security application.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AEVA has been successfully added to your 