Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smart Parking's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$26.04 Mil. Smart Parking's Total Assets for the quarter that ended in Dec. 2023 was A$57.24 Mil.
Therefore, Smart Parking's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.
The historical rank and industry rank for Smart Parking's Equity-to-Asset or its related term are showing as below:
ASX:SPZ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.5 Max: 0.83
Current: 0.46
During the past 13 years, the highest Equity to Asset Ratio of Smart Parking was 0.83. The lowest was 0.36. And the median was 0.50.
ASX:SPZ's Equity-to-Asset is ranked better than 53.71% of 1685
companies
in the Construction industry
Industry Median: 0.44
vs ASX:SPZ: 0.46
Smart Parking Equity-to-Asset Historical Data
The historical data trend for Smart Parking'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 Smart Parking's Equity-to-Asset
For the Infrastructure Operations subindustry, Smart Parking'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.
Smart Parking's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Smart Parking's Equity-to-Asset falls into.
Smart Parking 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.
Smart Parking's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
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%.
Smart Parking Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Smart Parking's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:SPZ has been successfully added to your 