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Navitas Semiconductor (Navitas Semiconductor) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is Navitas Semiconductor Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Navitas Semiconductor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $380.62 Mil. Navitas Semiconductor's Total Assets for the quarter that ended in Dec. 2023 was $485.55 Mil. Therefore, Navitas Semiconductor's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

NVTS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.49   Med: 0.5   Max: 0.9
Current: 0.78

During the past 4 years, the highest Equity to Asset Ratio of Navitas Semiconductor was 0.90. The lowest was -1.49. And the median was 0.50.

NVTS's Equity-to-Asset is ranked better than
72.73% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs NVTS: 0.78

Navitas Semiconductor Equity-to-Asset Historical Data

The historical data trend for Navitas Semiconductor'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.

Navitas Semiconductor Equity-to-Asset Chart

Navitas Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-1.49 0.22 0.90 0.78

Navitas Semiconductor Quarterly Data
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 0.90 0.83 0.77 0.82 0.78

Competitive Comparison of Navitas Semiconductor's Equity-to-Asset

For the Semiconductors subindustry, Navitas Semiconductor'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.


Navitas Semiconductor's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Navitas Semiconductor's Equity-to-Asset distribution charts can be found below:

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



Navitas Semiconductor 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.

Navitas Semiconductor'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
=380.617/485.546
=0.78

Navitas Semiconductor'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
=380.617/485.546
=0.78

* 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.


Navitas Semiconductor  (NAS:NVTS) 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%.


Navitas Semiconductor Equity-to-Asset Related Terms

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


Navitas Semiconductor (Navitas Semiconductor) Business Description

Traded in Other Exchanges
N/A
Address
3520 Challenger Street, Torrance, CA, USA, 90503-1640
Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. Majority of revenue is generated from China.
Executives
Ron Shelton officer: Sr VP, CFO and Treasurer
Dipender Saluja director 1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Wunderlich Gary Kent Jr director CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367
Richard J Hendrix director 1300 NORTH 17TH STREET, ARLINGTON VA 22209
Eugene Sheridan director, officer: Chief Executive Officer C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE CA 90503-1640
Daniel M. Kinzer director, officer: Chief Oprtng and Tech Officer C/O CORP SEC, FAIRCHILD SEMICONDUCTOR, 82 RUNNING HILL RD., S. PORTLAND ME 04106
Ranbir Singh 10 percent owner, officer: EVP, GeneSic Business 2101 E. EL SEGUNDO BLVD., STE. 205, EL SEGUNDO CA 90245
Sicpower, Llc 10 percent owner C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
David Moxam director C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Todd Glickman officer: Interim Chf Financial Officer C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Malibuiq, Llc 10 percent owner 21245 SMITH ROAD, COVINGTON LA 70435
Brian Long director
Atalaya Capital Management Lp 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Lp 10 percent owner ONE ROCKEFELLER PLAZA, NEW YORK NY 10710
Acm Asof Vii (cayman) Holdco Lp 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022