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REC Silicon ASA (REC Silicon ASA) Equity-to-Asset : 0.14 (As of Dec. 2023)


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What is REC Silicon ASA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. REC Silicon ASA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $76.4 Mil. REC Silicon ASA's Total Assets for the quarter that ended in Dec. 2023 was $552.9 Mil. Therefore, REC Silicon ASA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

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

RNWEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.24   Max: 0.75
Current: 0.14

During the past 13 years, the highest Equity to Asset Ratio of REC Silicon ASA was 0.75. The lowest was 0.00. And the median was 0.24.

RNWEF's Equity-to-Asset is ranked worse than
94.51% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs RNWEF: 0.14

REC Silicon ASA Equity-to-Asset Historical Data

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA Equity-to-Asset Chart

REC Silicon ASA 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 - 0.17 0.11 0.19 0.14

REC Silicon ASA 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 0.19 0.12 0.08 -0.03 0.14

Competitive Comparison of REC Silicon ASA's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Equity-to-Asset distribution charts can be found below:

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



REC Silicon ASA 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.

REC Silicon ASA'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
=76.4/552.9
=0.14

REC Silicon ASA'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
=76.4/552.9
=0.14

* 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.


REC Silicon ASA  (OTCPK:RNWEF) 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%.


REC Silicon ASA Equity-to-Asset Related Terms

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


REC Silicon ASA (REC Silicon ASA) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

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