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Thruvision Group (Thruvision Group) Equity-to-Asset : 0.68 (As of Sep. 2023)


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What is Thruvision Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thruvision Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.85 Mil. Thruvision Group's Total Assets for the quarter that ended in Sep. 2023 was $13.03 Mil. Therefore, Thruvision Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.68.

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

DIGTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.81   Max: 0.93
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Thruvision Group was 0.93. The lowest was 0.61. And the median was 0.81.

DIGTF's Equity-to-Asset is ranked better than
72.29% of 1090 companies
in the Business Services industry
Industry Median: 0.495 vs DIGTF: 0.68

Thruvision Group Equity-to-Asset Historical Data

The historical data trend for Thruvision Group'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.

Thruvision Group Equity-to-Asset Chart

Thruvision Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.83 0.77 0.74 0.71

Thruvision Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.74 0.70 0.71 0.68

Competitive Comparison of Thruvision Group's Equity-to-Asset

For the Security & Protection Services subindustry, Thruvision Group'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.


Thruvision Group's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thruvision Group's Equity-to-Asset distribution charts can be found below:

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



Thruvision Group 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.

Thruvision Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=10.699/15.107
=0.71

Thruvision Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=8.848/13.026
=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.


Thruvision Group  (OTCPK:DIGTF) 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%.


Thruvision Group Equity-to-Asset Related Terms

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


Thruvision Group (Thruvision Group) Business Description

Traded in Other Exchanges
Address
121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA
Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, and the Rest of World. Its product includes TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

Thruvision Group (Thruvision Group) Headlines