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Palantir Technologies (Palantir Technologies) Equity-to-Asset : 0.77 (As of Dec. 2023)


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What is Palantir Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Palantir Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,476 Mil. Palantir Technologies's Total Assets for the quarter that ended in Dec. 2023 was $4,522 Mil. Therefore, Palantir Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.77.

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

PLTR' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.24   Med: 0.64   Max: 0.77
Current: 0.77

During the past 6 years, the highest Equity to Asset Ratio of Palantir Technologies was 0.77. The lowest was -1.24. And the median was 0.64.

PLTR's Equity-to-Asset is ranked better than
80.54% of 2836 companies
in the Software industry
Industry Median: 0.55 vs PLTR: 0.77

Palantir Technologies Equity-to-Asset Historical Data

The historical data trend for Palantir 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.

Palantir Technologies Equity-to-Asset Chart

Palantir Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -1.24 0.57 0.71 0.74 0.77

Palantir Technologies Quarterly Data
Dec18 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 0.74 0.74 0.74 0.76 0.77

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

For the Software - Infrastructure subindustry, Palantir 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.


Palantir Technologies's Equity-to-Asset Distribution in the Software Industry

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

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



Palantir 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.

Palantir Technologies'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
=3475.561/4522.425
=0.77

Palantir Technologies'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
=3475.561/4522.425
=0.77

* 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.


Palantir Technologies  (NYSE:PLTR) 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%.


Palantir Technologies Equity-to-Asset Related Terms

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


Palantir Technologies (Palantir Technologies) Business Description

Address
1200 17th Street, Floor 15, Denver, CO, USA, 80202
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.
Executives
Alexandra W. Schiff director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander D. Moore director C/O PALANTIR TECHNOLOGIES, INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stat Lauren Elaina Friedman director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Heather A. Planishek officer: See Remarks C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stephen Andrew Cohen director, officer: President and Secretary C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Ryan D. Taylor officer: See Remarks C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
David A. Glazer officer: CFO and Treasurer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Shyam Sankar officer: Chief Operating Officer & EVP C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander C. Karp director, officer: Chief Executive Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Eric H. Woersching director C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Jeffrey Buckley officer: Chief Accounting Officer C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Spencer M Rascoff director 212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Peter Thiel director, 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
Matthew A. Long officer: General Counsel C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250, DENVER CO 80202
Sompo Holdings, Inc. 10 percent owner 26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338