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Hyliion Holdings (Hyliion Holdings) Equity-to-Asset : 0.94 (As of Mar. 2024)


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What is Hyliion Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hyliion Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $280.41 Mil. Hyliion Holdings's Total Assets for the quarter that ended in Mar. 2024 was $297.65 Mil.

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

HYLN' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.28   Med: 0.95   Max: 0.98
Current: 0.94

During the past 5 years, the highest Equity to Asset Ratio of Hyliion Holdings was 0.98. The lowest was -1.28. And the median was 0.95.

HYLN's Equity-to-Asset is ranked better than
98.93% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs HYLN: 0.94

Hyliion Holdings Equity-to-Asset Historical Data

The historical data trend for Hyliion Holdings'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.

Hyliion Holdings Equity-to-Asset Chart

Hyliion Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-1.28 0.98 0.96 0.95 0.93

Hyliion Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.93 0.94 0.93 0.94

Competitive Comparison of Hyliion Holdings's Equity-to-Asset

For the Auto Parts subindustry, Hyliion Holdings'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.


Hyliion Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hyliion Holdings's Equity-to-Asset distribution charts can be found below:

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



Hyliion Holdings 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.

Hyliion Holdings'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
=306.266/328.383
=0.93

Hyliion Holdings'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
=280.41/297.654
=

* 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.


Hyliion Holdings  (NYSE:HYLN) 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%.


Hyliion Holdings Equity-to-Asset Related Terms

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


Hyliion Holdings (Hyliion Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1202 BMC Drive, Suite 100, Cedar Park, TX, USA, 78613
Hyliion Holdings Corp is a provider of electrified solutions for the commercial vehicle industry as well as other industries. The company focuses on reducing the carbon intensity and greenhouse gas emissions of the transportation sector by providing electrified powertrain solutions for Class 8 commercial vehicles at the lowest total cost of ownership. It is currently developing two powertrain systems: Hybrid system and Hypertruck ERX system.
Executives
Knight Robert M Jr director UNION PACIFIC CORP, 1416 DODGE ST, OMAHA NE 68179
Cheri Lantz officer: CHIEF STRATEGY OFFICER C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Thomas J. Healy director, 10 percent owner, officer: Chief Executive Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Dennis M. Gallagher officer: Chief Operating Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Jeffrey A Craig director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Vincent T. Cubbage director 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
Jon Panzer officer: Chief Financial Officer C/O HYLIION HOLDING CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Card Andrew H Jr director 5747 N 4TH STREET, ARLINGTON VA 22205
Melanie Montague Trent director 2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Richard Joseph Freeland director 927 JUNCO DRIVE, COLUMBUS IN 47201
Jose Miguel Oxholm officer: VP, General Counsel and CCO C/O HYLIION HOLDINGS CORP., 1202 BMC DRIVE, SUITE 100, CEDAR PARK TX 78613
Patrick Sexton officer: Chief Technology Officer C/O HYLIION HOLDINGS CORP., 5100 W. 115TH PLACE, LEAWOOD KS 66211
Edward E Olkkola director 300 WEST SIXTH STREET STE.2300, AUSTIN TX 78701
Sherri Baker director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275