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QRS Music Technologies (QRS Music Technologies) Equity-to-Asset : 0.78 (As of Mar. 2007)


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What is QRS Music Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. QRS Music Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2007 was $9.66 Mil. QRS Music Technologies's Total Assets for the quarter that ended in Mar. 2007 was $12.33 Mil. Therefore, QRS Music Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2007 was 0.78.

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

QRSM's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

QRS Music Technologies Equity-to-Asset Historical Data

The historical data trend for QRS Music Technologies'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.

QRS Music Technologies Equity-to-Asset Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Equity-to-Asset
Get a 7-Day Free Trial 0.81 0.79 0.83 0.80 0.75

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 0.75 0.77 0.76 0.78

Competitive Comparison of QRS Music Technologies's Equity-to-Asset

For the Leisure subindustry, QRS Music Technologies'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.


QRS Music Technologies's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's Equity-to-Asset distribution charts can be found below:

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



QRS Music Technologies 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.

QRS Music Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2006 is calculated as

Equity to Asset (A: Jun. 2006 )=Total Stockholders Equity/Total Assets
=9.794/13.046
=0.75

QRS Music Technologies's Equity to Asset Ratio for the quarter that ended in Mar. 2007 is calculated as

Equity to Asset (Q: Mar. 2007 )=Total Stockholders Equity/Total Assets
=9.662/12.333
=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.


QRS Music Technologies  (OTCPK:QRSM) 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%.


QRS Music Technologies Equity-to-Asset Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines