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ODDITY Tech (ODDITY Tech) Equity-to-Asset : 0.65 (As of Mar. 2024)


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What is ODDITY Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ODDITY Tech's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $329.6 Mil. ODDITY Tech's Total Assets for the quarter that ended in Mar. 2024 was $505.1 Mil. Therefore, ODDITY Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.65.

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

ODD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.63   Max: 0.71
Current: 0.65

During the past 4 years, the highest Equity to Asset Ratio of ODDITY Tech was 0.71. The lowest was 0.49. And the median was 0.63.

ODD's Equity-to-Asset is ranked better than
64.65% of 2849 companies
in the Software industry
Industry Median: 0.54 vs ODD: 0.65

ODDITY Tech Equity-to-Asset Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech Equity-to-Asset Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.64 0.57 0.51 0.70

ODDITY Tech Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.49 0.63 0.71 0.70 0.65

Competitive Comparison of ODDITY Tech's Equity-to-Asset

For the Software - Infrastructure subindustry, ODDITY Tech'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.

ODDITY Tech's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, ODDITY Tech's Equity-to-Asset distribution charts can be found below:

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


ODDITY Tech 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.

ODDITY Tech'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
=283.107/404.906
=0.70

ODDITY Tech's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=329.637/505.09
=0.65

* 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.

ODDITY Tech  (NAS:ODD) 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%.

ODDITY Tech Equity-to-Asset Related Terms

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

ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » Equity-to-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.