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Koss (KOSS) Equity-to-Asset : 0.83 (As of Dec. 2023)


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What is Koss Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Koss's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $31.40 Mil. Koss's Total Assets for the quarter that ended in Dec. 2023 was $38.00 Mil. Therefore, Koss's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.83.

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

KOSS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.74   Max: 0.84
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of Koss was 0.84. The lowest was 0.62. And the median was 0.74.

KOSS's Equity-to-Asset is ranked better than
88.21% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs KOSS: 0.83

Koss Equity-to-Asset Historical Data

The historical data trend for Koss'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.

Koss Equity-to-Asset Chart

Koss Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.67 0.74 0.76 0.82

Koss Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.82 0.82 0.84 0.83

Competitive Comparison of Koss's Equity-to-Asset

For the Consumer Electronics subindustry, Koss'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.


Koss's Equity-to-Asset Distribution in the Hardware Industry

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

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



Koss 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.

Koss's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=31.461/38.371
=0.82

Koss'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
=31.4/38.002
=0.83

* 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.


Koss  (NAS:KOSS) 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%.


Koss Equity-to-Asset Related Terms

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


Koss (KOSS) Business Description

Traded in Other Exchanges
N/A
Address
4129 North Port Washington Avenue, Milwaukee, WI, USA, 53212
Koss Corp is engaged in the design, manufacture, and sale of stereo headphones and related accessory products. It operates in the audio/video industry segment of the home entertainment industry. The company markets a line of headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, and active noise-cancelling headphones. The majority of the firm's revenue is derived from sales of stereo headphones.
Executives
William Jesse Sweasy director 401 LEVEE STREET, RED WING MN 55066
Kim M. Schulte officer: Chief Financial Officer 4129 NORTH PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
David Donnan Smith officer: EVP and CFO 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Koss Michael J Jr officer: VP Marketing & Product 4129 N PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
Michael J Koss officer: President and CEO C/O GENIUS PRODUCTS, INC., 740 LOMAS SANTA FE, SUITE 210, SOLANA BEACH CA 92075
Koss John C Jr officer: Vice President - Sales C/O KOSS CORPORATION, 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Thomas L. Doerr director 4129 N. PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Lenore Lillie officer: VP - Operations 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Nancy Koss 2012 Trust, Dated 12/20/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Steven A Leveen director 1030 SEA SPRAY AVENUE, DELRAY BEACH FL 33483
Theodore Nixon director 100 SOUTH SPRING STREET, LOUISVILLE KY 40206
Elizabeth A Uecker officer: Secretary 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
John C Koss director 4129 NORTH PORT WASHINGTON AVE, MILWAUKEE WI 53212
Nancy L Koss 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Koss Family Trust, Dated 9/11/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217

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