Spetz (DBKSF) Equity-to-Asset : -0.37 (As of Mar. 2024)

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What is Spetz Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Spetz's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-1.10 Mil. Spetz's Total Assets for the quarter that ended in Mar. 2024 was $2.98 Mil. Therefore, Spetz's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.37.

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

DBKSF' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.65 Med: 0.67 Max: 0.99
Current: -0.37

During the past 5 years, the highest Equity to Asset Ratio of Spetz was 0.99. The lowest was -3.65. And the median was 0.67.

DBKSF's Equity-to-Asset is ranked worse than
94.24% of 2846 companies
in the Software industry
Industry Median: 0.55 vs DBKSF: -0.37

Spetz Equity-to-Asset Historical Data

The historical data trend for Spetz'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.

Spetz Equity-to-Asset Chart

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

Equity-to-Asset

-0.22

-1.18

0.94

0.95

-0.22

Spetz Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.72	0.63	0.57	-0.22	-0.37

Competitive Comparison of Spetz's Equity-to-Asset

For the Software - Application subindustry, Spetz'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.

Spetz's Equity-to-Asset Distribution in the Software Industry

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

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

Spetz 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.

Spetz'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
	=	-0.679	/	3.158
	=	-0.22

Spetz's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.098	/	2.978
	=	-0.37

Spetz (OTCPK:DBKSF) 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%.

Spetz Equity-to-Asset Related Terms

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

Spetz (DBKSF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spetz Inc (OTCPK:DBKSF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SPTZ:Canada

Address

200 Cochrane Drive, Unit 1A, Markham, ON, CAN, L3R 8E7

Website

https://www.spetz.app

Spetz Inc is a technology company that primarily operates Spetz, a global online, AIpowered marketplace platform that dynamically connects consumers to nearby top-rated service providers in as little as 30 seconds. Spetz currently operates in the United States, United Kingdom, Australia and Israel. The Company has launched two Spetz applications for both sides of the market; one for consumers and one for service providers (collectively the Spetz App). The Spetz App is available for download on the iOS App Store and Google Play Store.