Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Star Equity Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $65.30 Mil. Star Equity Holdings's Total Assets for the quarter that ended in Dec. 2023 was $75.50 Mil.
Therefore, Star Equity Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.
The historical rank and industry rank for Star Equity Holdings's Equity-to-Asset or its related term are showing as below:
STRR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.55 Max: 0.87
Current: 0.87
During the past 13 years, the highest Equity to Asset Ratio of Star Equity Holdings was 0.87. The lowest was 0.42. And the median was 0.55.
STRR's Equity-to-Asset is ranked better than 92.89% of 239
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.58
vs STRR: 0.87
Star Equity Holdings Equity-to-Asset Historical Data
The historical data trend for Star Equity Holdings'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.
Competitive Comparison of Star Equity Holdings's Equity-to-Asset
For the Diagnostics & Research subindustry, Star Equity Holdings'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.
Star Equity Holdings's Equity-to-Asset Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Star Equity Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Star Equity Holdings's Equity-to-Asset falls into.
Star Equity Holdings 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.
Star Equity Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Star Equity Holdings (NAS:STRR) 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%.
Star Equity Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Star Equity Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Equity Holdings (Star Equity Holdings) Business Description
Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.
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