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Solid Power (Solid Power) Equity-to-Asset : 0.93 (As of Mar. 2024)


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What is Solid Power Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solid Power's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $479.38 Mil. Solid Power's Total Assets for the quarter that ended in Mar. 2024 was $516.17 Mil. Therefore, Solid Power's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.93.

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

SLDP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.93   Max: 0.96
Current: 0.93

During the past 5 years, the highest Equity to Asset Ratio of Solid Power was 0.96. The lowest was 0.27. And the median was 0.93.

SLDP's Equity-to-Asset is ranked better than
98.15% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs SLDP: 0.93

Solid Power Equity-to-Asset Historical Data

The historical data trend for Solid Power'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.

Solid Power Equity-to-Asset Chart

Solid Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.62 0.27 0.90 0.93 0.95

Solid Power Quarterly Data
Dec19 Jun20 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 0.94 0.95 0.95 0.95 0.93

Competitive Comparison of Solid Power's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Solid Power'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.


Solid Power's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solid Power's Equity-to-Asset distribution charts can be found below:

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



Solid Power 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.

Solid Power'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
=503.335/532.792
=0.94

Solid Power'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
=479.377/516.17
=0.93

* 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.


Solid Power  (NAS:SLDP) 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%.


Solid Power Equity-to-Asset Related Terms

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


Solid Power (Solid Power) Business Description

Traded in Other Exchanges
Address
486 S. Pierce Avenue, Suite E, Louisville, CO, USA, 80027
Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.
Executives
Joshua Buettner-garrett officer: Chief Technology Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Steven H Goldberg director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Kaled Awada director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Susan M Kreh director 18400 PLEASANT STREET, BROOKFIELD WI 53045
Van Scoter John C. director, officer: President & CEO 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson director, officer: Chief Executive Officer 1411 E MISSION AVE, SPOKANE WA 99202
Douglas M Campbell director, officer: Chief Executive Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc 10 percent owner 28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Lesa B Roe director C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby officer: Chief Operating Officer C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Rainer Feurer director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen director, officer: President C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027