Name: Equity Multiplier

Definition: The equity multiplier shows how much total assets the company controls for every dollar invested by shareholders. It reflects how much debt is being used to stretch owners’ equity. A higher multiplier means greater use of debt to amplify returns — but also amplifies risk if things go wrong. Lower multipliers suggest a safer, more self-funded business.

Interpretation:
• In '2020', IMTE's equity multiplier was 8.22, representing the level of financial leverage utilized. Industry average for Consumer Electronics/Appliances in '2020' stood at 5.15.
• In '2021', IMTE's equity multiplier was 2.13, representing the level of financial leverage utilized. The decrease since '2020' reflects improving financial health. Industry average for Consumer Electronics/Appliances in '2021' stood at 1.85. Industry average declined by 3.30 from previous year.
• In '2022', IMTE's equity multiplier was 1.40, representing the level of financial leverage utilized. The decrease since '2021' reflects improving financial health. Industry average for Consumer Electronics/Appliances in '2022' stood at 2.14. Industry average increased by 0.29 compared to previous year.
• In '2023', IMTE's equity multiplier was 1.76, representing the level of financial leverage utilized. The increase compared to '2022' may signal growing financial pressure. Industry average for Consumer Electronics/Appliances in '2023' stood at 2.43. Industry average increased by 0.29 compared to previous year.
Overall, IMTE's equity multiplier has been volatile but showed a downward trend over the past 4 years.

Formula: Equity Multiplier = Total Assets / Shareholders' Equity

Good Range: Usually ranges from 1.5 to 3 depending on industry.