Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CPS Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $17.34 Mil. CPS Technologies's Total Assets for the quarter that ended in Mar. 2024 was $21.17 Mil.
Therefore, CPS Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.82.
The historical rank and industry rank for CPS Technologies's Equity-to-Asset or its related term are showing as below:
CPSH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.78 Max: 0.89
Current: 0.82
During the past 13 years, the highest Equity to Asset Ratio of CPS Technologies was 0.89. The lowest was 0.59. And the median was 0.78.
CPSH's Equity-to-Asset is ranked better than 87.28% of 2485
companies
in the Hardware industry
Industry Median: 0.57
vs CPSH: 0.82
CPS Technologies Equity-to-Asset Historical Data
The historical data trend for CPS 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 CPS Technologies's Equity-to-Asset
For the Electronic Components subindustry, CPS 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.
CPS Technologies's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, CPS Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CPS Technologies's Equity-to-Asset falls into.
CPS 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.
CPS 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%.
CPS Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of CPS Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
CPS Technologies (CPS Technologies) Business Description
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
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