Tritium DCFC (Tritium DCFC) Equity-to-Asset : -0.52 (As of Jun. 2023)

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What is Tritium DCFC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tritium DCFC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-143.7 Mil. Tritium DCFC's Total Assets for the quarter that ended in Jun. 2023 was $275.2 Mil. Therefore, Tritium DCFC's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -0.52.

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

DCFCQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.73 Med: -0.36 Max: -0.06
Current: -0.52

During the past 4 years, the highest Equity to Asset Ratio of Tritium DCFC was -0.06. The lowest was -0.73. And the median was -0.36.

DCFCQ's Equity-to-Asset is ranked worse than
98.12% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs DCFCQ: -0.52

Tritium DCFC Equity-to-Asset Historical Data

The historical data trend for Tritium DCFC'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.

Tritium DCFC Equity-to-Asset Chart

Tritium DCFC Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

-0.06

-0.73

-0.20

-0.52

Tritium DCFC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-0.73	-1.01	-0.20	-0.29	-0.52

Competitive Comparison of Tritium DCFC's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Tritium DCFC'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.

Tritium DCFC's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tritium DCFC's Equity-to-Asset distribution charts can be found below:

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

Tritium DCFC 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.

Tritium DCFC's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-143.655	/	275.176
	=	-0.52

Tritium DCFC's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-143.655	/	275.176
	=	-0.52

Tritium DCFC (OTCPK:DCFCQ) 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%.

Tritium DCFC Equity-to-Asset Related Terms

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

Tritium DCFC (Tritium DCFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tritium DCFC Ltd (OTCPK:DCFCQ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172

Website

https://www.tritiumcharging.com

Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.