GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Owlet Inc (NYSE:OWLT) » Definitions » Equity-to-Asset

Owlet (OWLT) Equity-to-Asset : -0.67 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Owlet Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Owlet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-29.68 Mil. Owlet's Total Assets for the quarter that ended in Dec. 2023 was $44.12 Mil. Therefore, Owlet's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.67.

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

OWLT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.67   Med: -0.35   Max: 0.39
Current: -0.67

During the past 4 years, the highest Equity to Asset Ratio of Owlet was 0.39. The lowest was -0.67. And the median was -0.35.

OWLT's Equity-to-Asset is ranked worse than
94.22% of 675 companies
in the Healthcare Providers & Services industry
Industry Median: 0.47 vs OWLT: -0.67

Owlet Equity-to-Asset Historical Data

The historical data trend for Owlet'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.

Owlet Equity-to-Asset Chart

Owlet Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.52 0.39 -0.18 -0.67

Owlet Quarterly Data
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 -0.18 -0.31 -0.48 -0.76 -0.67

Competitive Comparison of Owlet's Equity-to-Asset

For the Health Information Services subindustry, Owlet'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.


Owlet's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Owlet's Equity-to-Asset distribution charts can be found below:

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



Owlet 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.

Owlet'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
=-29.676/44.123
=-0.67

Owlet'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
=-29.676/44.123
=-0.67

* 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.


Owlet  (NYSE:OWLT) 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%.


Owlet Equity-to-Asset Related Terms

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


Owlet (OWLT) Business Description

Traded in Other Exchanges
N/A
Address
3300 North Ashton Boulevard, Suite 300, Lehi, UT, USA, 84043
Owlet Inc is engaged in providing a digital parenting platform that aims to give parents real-time data and insights to help parents feel more calm and confident. Its diversified portfolio of products includes Owlet Smart Sock, the first baby monitor to track an infant's oxygen levels, heart rate, and sleep trends; the Owlet Cam, which turns any smartphone into a baby monitor with high-definition clarity; the Owlet Monitor Duo, which offers the intelligence of the Owlet Smart Sock paired with the Owlet Cam; and Owlet Dream Lab, an interactive online program designed to be a parent's guide to building healthy sleep habits for their infants.
Executives
Kathryn R. Scolnick officer: Chief Financial Officer 3300 N ASHTON BLVD, STE 300, LEHI UT 84043
Kurt Workman director, officer: Chief Executive Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Marc F Stoll director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Harris officer: President & CRO 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Melissa Gonzales director C/O OWLET, INC., 3300 NORTH ASHTON BOULEVARD, SUITE 300, LEHI UT 84043
Jason Knafel director 514 HIGH STREET, PALO ALTO CA 94301
Eclipse Early Growth Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Eclipse Early Growth Gp I, Llc 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Trilogy Equity Partners, Llc 10 percent owner 155 108TH AVE NE, SUITE 400, BELLEVUE WA 98004
Michael P. Abbott director, officer: President C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Nathaniel Yoo officer: Chief Accounting Officer C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Eclipse Continuity Fund I, L.p. 10 percent owner 514 HIGH STREET, SUITE 4, PALO ALTO CA 94301
Zane M Burke director C/O LIVONGO HEALTH, INC., 150 WEST EVELYN AVENUE, SUITE 150, MOUNTAIN VIEW CA 94041
John C. Kim director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043
Amy Nam Mccullough director C/O OWLET, INC., 2500 EXECUTIVE PARKWAY, SUITE 500, LEHI UT 84043