Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avid Technology's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-123.2 Mil. Avid Technology's Total Assets for the quarter that ended in Sep. 2023 was $273.7 Mil.
Therefore, Avid Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.45.
The historical rank and industry rank for Avid Technology's Equity-to-Asset or its related term are showing as below:
AVID'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.89 Med: -0.67 Max: -0.41
Current: -0.45
During the past 13 years, the highest Equity to Asset Ratio of Avid Technology was -0.41. The lowest was -1.89. And the median was -0.67.
AVID's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.54
vs AVID: -0.45
Avid Technology Equity-to-Asset Historical Data
The historical data trend for Avid Technology'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 Avid Technology's Equity-to-Asset
For the Software - Application subindustry, Avid Technology'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.
Avid Technology's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Avid Technology's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Avid Technology's Equity-to-Asset falls into.
Avid Technology 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.
Avid Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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%.
Avid Technology Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Avid Technology's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AVID has been successfully added to your 