Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cyxtera Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $64.3 Mil. Cyxtera Technologies's Total Assets for the quarter that ended in Mar. 2023 was $2,769.6 Mil.
Therefore, Cyxtera Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.02.
The historical rank and industry rank for Cyxtera Technologies's Equity-to-Asset or its related term are showing as below:
CYXTQ's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55 * Ranked among companies with meaningful Equity-to-Asset only.
Cyxtera Technologies Equity-to-Asset Historical Data
The historical data trend for Cyxtera 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 Cyxtera Technologies's Equity-to-Asset
For the Information Technology Services subindustry, Cyxtera 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.
Cyxtera Technologies's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Cyxtera Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cyxtera Technologies's Equity-to-Asset falls into.
Cyxtera 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.
Cyxtera Technologies'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%.
Cyxtera Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Cyxtera Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Cyxtera Technologies (Cyxtera Technologies) Business Description
Cyxtera Technologies Inc is engaged in data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. Cyxtera brings proven operational excellence, global scale, flexibility and customer-focused innovation together to provide a comprehensive portfolio of data center and interconnection services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CYXTQ has been successfully added to your 