ARB IOT Group (ARB IOT Group) Equity-to-Asset : 0.38 (As of Dec. 2023)

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What is ARB IOT Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ARB IOT Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $21.70 Mil. ARB IOT Group's Total Assets for the quarter that ended in Dec. 2023 was $57.70 Mil. Therefore, ARB IOT Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

ARBB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.7 Max: 0.9
Current: 0.38

During the past 3 years, the highest Equity to Asset Ratio of ARB IOT Group was 0.90. The lowest was 0.38. And the median was 0.70.

ARBB's Equity-to-Asset is ranked worse than
69.33% of 2853 companies
in the Software industry
Industry Median: 0.54 vs ARBB: 0.38

ARB IOT Group Equity-to-Asset Historical Data

The historical data trend for ARB IOT Group'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.

ARB IOT Group Equity-to-Asset Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

0.66

0.90

0.81

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.90	0.70	0.81	0.38

Competitive Comparison of ARB IOT Group's Equity-to-Asset

For the Information Technology Services subindustry, ARB IOT Group'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.

ARB IOT Group's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where ARB IOT Group's Equity-to-Asset falls into.

ARB IOT Group 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.

ARB IOT Group'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
	=	68.842	/	85.463
	=	0.81

ARB IOT Group'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
	=	21.696	/	57.701
	=	0.38

ARB IOT Group (NAS:ARBB) 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%.

ARB IOT Group Equity-to-Asset Related Terms

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

ARB IOT Group (ARB IOT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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