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Wrap Technologies (Wrap Technologies) Equity-to-Asset : 0.65 (As of Sep. 2023)


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What is Wrap Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wrap Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $20.57 Mil. Wrap Technologies's Total Assets for the quarter that ended in Sep. 2023 was $31.67 Mil. Therefore, Wrap Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.65.

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

WRAP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.93   Max: 0.97
Current: 0.65

During the past 7 years, the highest Equity to Asset Ratio of Wrap Technologies was 0.97. The lowest was 0.10. And the median was 0.93.

WRAP's Equity-to-Asset is ranked better than
64.31% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs WRAP: 0.65

Wrap Technologies Equity-to-Asset Historical Data

The historical data trend for Wrap Technologies'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.

Wrap Technologies Equity-to-Asset Chart

Wrap Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.97 0.94 0.95 0.93 0.89

Wrap Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only 0.92 0.89 0.87 0.64 0.65

Competitive Comparison of Wrap Technologies's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Wrap Technologies'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.


Wrap Technologies's Equity-to-Asset Distribution in the Hardware Industry

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

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



Wrap Technologies 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.

Wrap Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=27.055/30.571
=0.88

Wrap Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=20.571/31.667
=0.65

* 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.


Wrap Technologies  (NAS:WRAP) 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%.


Wrap Technologies Equity-to-Asset Related Terms

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


Wrap Technologies (Wrap Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1817 West 4th Street, Tempe, AZ, USA, 85281
Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Executives
Timothy Szymanski director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Rajiv Srinivasan director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Kevin W Mullins officer: PRESIDENT C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Christopher James Dealmeida officer: Chief Financial Officer 1817 W 4TH STREET, TEMPE AZ 85281
Elwood G Norris 10 percent owner 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Bruce Bernstein director 780 THIRD AVENUE, 12TH FLOOR, NEW YORK NY 10017
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Tj Kennedy director 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Scot Cohen director, officer: Executive Chairman, Secretary 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Kevin Charles Sherman director 1730 BLAKE ST STE 305, DENVER CO 80202
Glenn M Hickman officer: CHIEF OPERATING OFFICER C/O WRAP TECHNOLOGIES, 1817 W 4TH STREET, TEMPE AZ 85281
Varner Leo William Jr. officer: INTERIM CEO 400 GALLERIA PKWY SE, SUITE 1760, ATLANTA GA 30339
James A Barnes director, officer: President and CFO 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Thomas P Smith officer: PRESIDENT 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
David G Norris director, officer: President C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277

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