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Universal Electronics (Universal Electronics) Equity-to-Asset

: 0.50 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Universal Electronics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $178.9 Mil. Universal Electronics's Total Assets for the quarter that ended in Dec. 2023 was $355.9 Mil. Therefore, Universal Electronics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

UEIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.53   Max: 0.68
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Universal Electronics was 0.68. The lowest was 0.42. And the median was 0.53.

UEIC's Equity-to-Asset is ranked worse than
61.2% of 2482 companies
in the Hardware industry
Industry Median: 0.57 vs UEIC: 0.50

Universal Electronics Equity-to-Asset Historical Data

The historical data trend for Universal Electronics'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.

Universal Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.61 0.54 0.53 0.50

Universal Electronics 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 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.51 0.51 0.48 0.50

Competitive Comparison

For the Consumer Electronics subindustry, Universal Electronics'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.


Universal Electronics Equity-to-Asset Distribution

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

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



Universal Electronics 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.

Universal Electronics'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
=178.92/355.872
=0.50

Universal Electronics'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
=178.92/355.872
=0.50

* 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.


Universal Electronics  (NAS:UEIC) 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%.


Universal Electronics Equity-to-Asset Related Terms

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


Universal Electronics (Universal Electronics) Business Description

Traded in Other Exchanges
Address
15147 N. Scottsdale Road, Suite H300, Scottsdale, AZ, USA, 85254-2494
Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.
Executives
Toro 18 Holdings Llc 10 percent owner 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
William C Martin 10 percent owner C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Immersion Corp 10 percent owner 2999 N. E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Bryan M Hackworth officer: Vice President and CFO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Edward K Zinser director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Chong David Cheung Hyen officer: Executive Vice President -Asia 201 EAST SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Paul D Arling director, officer: CEO 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Romulo Pontual director 15147 N SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Richard K Carnifax officer: V.P. Global Operations 15147 N. SCOTTSDALE ROAD, SUITE H300, SCOTTSDALE AZ 85254
Satjiv S Chahil director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Firehammer Richard A Jr officer: Senior Vice Presiden 201 E. SANDPOINTE AVENUE, 8TH FLOOR, SANTA ANA CA 92707
Ramzi Ammari officer: Sr.VP Corp Planning & Strategy 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85268
Joseph Miketo officer: Sr. VP Operations 15147 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254