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iPower (iPower) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is iPower Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iPower's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $17.79 Mil. iPower's Total Assets for the quarter that ended in Dec. 2023 was $49.07 Mil. Therefore, iPower's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

IPW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.38   Max: 0.7
Current: 0.36

During the past 5 years, the highest Equity to Asset Ratio of iPower was 0.70. The lowest was 0.06. And the median was 0.38.

IPW's Equity-to-Asset is ranked worse than
61.66% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs IPW: 0.36

iPower Equity-to-Asset Historical Data

The historical data trend for iPower'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.

iPower Equity-to-Asset Chart

iPower Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.06 0.21 0.70 0.41 0.35

iPower Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.40 0.35 0.38 0.36

Competitive Comparison of iPower's Equity-to-Asset

For the Internet Retail subindustry, iPower'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.


iPower's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, iPower's Equity-to-Asset distribution charts can be found below:

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



iPower 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.

iPower'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
=20.89/60.094
=0.35

iPower'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
=17.786/49.07
=0.36

* 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.


iPower  (NAS:IPW) 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%.


iPower Equity-to-Asset Related Terms

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


iPower (iPower) Business Description

Traded in Other Exchanges
N/A
Address
8798 9th Street, Rancho Cucamonga, CA, USA, 91730
iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.
Executives
Kevin Vassily director, officer: Chief Financial Officer C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan director, 10 percent owner, officer: Chief Executive Officer 2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li director C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta director
Tchaikovsky Bennet Price Jr director 11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010

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