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Palladyne AI (Palladyne AI) Equity-to-Asset : 0.68 (As of Dec. 2023)


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What is Palladyne AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Palladyne AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $40.91 Mil. Palladyne AI's Total Assets for the quarter that ended in Dec. 2023 was $60.43 Mil. Therefore, Palladyne AI's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

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

PDYN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.86   Max: 0.91
Current: 0.68

During the past 4 years, the highest Equity to Asset Ratio of Palladyne AI was 0.91. The lowest was 0.68. And the median was 0.86.

PDYN's Equity-to-Asset is ranked better than
68.53% of 2841 companies
in the Software industry
Industry Median: 0.55 vs PDYN: 0.68

Palladyne AI Equity-to-Asset Historical Data

The historical data trend for Palladyne AI'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.

Palladyne AI Equity-to-Asset Chart

Palladyne AI Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.87 0.91 0.86 0.68

Palladyne AI Quarterly Data
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 0.86 0.85 0.82 0.80 0.68

Competitive Comparison of Palladyne AI's Equity-to-Asset

For the Software - Infrastructure subindustry, Palladyne AI'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.


Palladyne AI's Equity-to-Asset Distribution in the Software Industry

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

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



Palladyne AI 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.

Palladyne AI'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
=40.905/60.426
=0.68

Palladyne AI'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
=40.905/60.426
=0.68

* 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.


Palladyne AI  (NAS:PDYN) 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%.


Palladyne AI Equity-to-Asset Related Terms

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


Palladyne AI (Palladyne AI) Business Description

Traded in Other Exchanges
N/A
Address
650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101
Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.
Executives
Brian D Finn director C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt officer: Chief Revenue Officer C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne officer: Chief Legal Officer C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Denis Garagic officer: Chief Technology Officer 650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Andrew Hamer officer: Chief Financial Officer 777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen officer: Chief Operating Officer 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood director, officer: President & CEO C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith 10 percent owner, officer: Chief Innovation Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier 10 percent owner 360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen officer: Chief Financial Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam director 360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale officer: EVP, Ch. Product & Market Off 360 WAKARA WAY, SALT LAKE CITY UT 84108
Marian Joh officer: Chief Operating Officer 360 WAKARA WAY, SALT LAKE CITY UT 84108
Peter S Klein director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399