Maris Tech (Maris Tech) Equity-to-Asset : 0.61 (As of Dec. 2023)

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What is Maris Tech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maris Tech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6.89 Mil. Maris Tech's Total Assets for the quarter that ended in Dec. 2023 was $11.33 Mil. Therefore, Maris Tech's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

MTEK' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.6 Med: -1.17 Max: 0.72
Current: 0.61

During the past 5 years, the highest Equity to Asset Ratio of Maris Tech was 0.72. The lowest was -4.60. And the median was -1.17.

MTEK's Equity-to-Asset is ranked better than
57.8% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs MTEK: 0.61

Maris Tech Equity-to-Asset Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Equity-to-Asset Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-4.07

-4.60

-1.17

0.72

0.61

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				-1.17	0.78	0.72	0.68	0.61

Competitive Comparison of Maris Tech's Equity-to-Asset

For the Electronic Components subindustry, Maris Tech'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.

Maris Tech's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maris Tech's Equity-to-Asset distribution charts can be found below:

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

Maris Tech 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.

Maris Tech'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
	=	6.894	/	11.334
	=	0.61

Maris Tech'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
	=	6.894	/	11.334
	=	0.61

Maris Tech (NAS:MTEK) 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%.

Maris Tech Equity-to-Asset Related Terms

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

Maris Tech (Maris Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.