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Asseco Business Solutions (FRA:9QQ) Equity-to-Asset : 0.78 (As of Mar. 2024)


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What is Asseco Business Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asseco Business Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €95.27 Mil. Asseco Business Solutions's Total Assets for the quarter that ended in Mar. 2024 was €122.80 Mil. Therefore, Asseco Business Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.78.

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

FRA:9QQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.77   Max: 0.94
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Asseco Business Solutions was 0.94. The lowest was 0.71. And the median was 0.77.

FRA:9QQ's Equity-to-Asset is ranked better than
82.01% of 2852 companies
in the Software industry
Industry Median: 0.55 vs FRA:9QQ: 0.78

Asseco Business Solutions Equity-to-Asset Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Equity-to-Asset Chart

Asseco Business Solutions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.75 0.76 0.76 0.77

Asseco Business Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.77 0.73 0.75 0.77 0.78

Competitive Comparison of Asseco Business Solutions's Equity-to-Asset

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Equity-to-Asset Distribution in the Software Industry

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

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



Asseco Business Solutions 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.

Asseco Business Solutions'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
=89.598/116.52
=0.77

Asseco Business Solutions'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
=95.274/122.802
=0.78

* 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.


Asseco Business Solutions  (FRA:9QQ) 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%.


Asseco Business Solutions Equity-to-Asset Related Terms

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


Asseco Business Solutions (FRA:9QQ) Business Description

Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (FRA:9QQ) Headlines

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