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Confluent (Confluent) Equity-to-Asset

: 0.33 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Confluent's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $810.4 Mil. Confluent's Total Assets for the quarter that ended in Dec. 2023 was $2,460.8 Mil. Therefore, Confluent's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

CFLT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.63   Med: 0.33   Max: 0.36
Current: 0.33

During the past 5 years, the highest Equity to Asset Ratio of Confluent was 0.36. The lowest was -0.63. And the median was 0.33.

CFLT's Equity-to-Asset is ranked worse than
74.15% of 2839 companies
in the Software industry
Industry Median: 0.55 vs CFLT: 0.33

Confluent Equity-to-Asset Historical Data

The historical data trend for Confluent'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.

Confluent Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-0.63 -0.58 0.36 0.33 0.33

Confluent Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.33 0.33 0.33 0.33 0.33

Competitive Comparison

For the Software - Infrastructure subindustry, Confluent'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.


Confluent Equity-to-Asset Distribution

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

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



Confluent 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.

Confluent'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
=810.415/2460.809
=0.33

Confluent'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
=810.415/2460.809
=0.33

* 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.


Confluent  (NAS:CFLT) 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%.


Confluent Equity-to-Asset Related Terms

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


Confluent (Confluent) Business Description

Traded in Other Exchanges
Address
899 West Evelyn Avenue, Mountain View, CA, USA, 94041
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.
Executives
Rohan Sivaram officer: Chief Financial Officer C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Chad Verbowski officer: SVP of Engineering C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Ying Christina Liu officer: Chief Accounting Officer C/O ZENDESK, INC., 1019 MARKET STREET, SAN FRANCISCO CA 94103
Edward Jay Kreps director, 10 percent owner, officer: Chief Executive Officer C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Erica Schultz officer: President, Field Operations C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Michelangelo Volpi director C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Stephanie Buscemi officer: Chief Marketing Officer C/O IHS INC., 15 INVERNESS EAST WAY, ENGLEWOOD CO 80107
Jonathan Chadwick director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Lara Caimi director C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Steffan Tomlinson officer: Chief Financial Officer PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Eric Vishria director, 10 percent owner 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Sequoia Capital Fund, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii Parallel Entrepreneur Fund (jersey), L.p. 10 percent owner C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ
Sequoia Capital Fund Parallel, Llc 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii (jersey), L.p. 10 percent owner C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ