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SATO Technologies (TSXV:SATO) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is SATO Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SATO Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$6.62 Mil. SATO Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$21.68 Mil. Therefore, SATO Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

TSXV:SATO' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.25   Med: 0.42   Max: 0.6
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of SATO Technologies was 0.60. The lowest was -1.25. And the median was 0.42.

TSXV:SATO's Equity-to-Asset is ranked worse than
64.15% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs TSXV:SATO: 0.31

SATO Technologies Equity-to-Asset Historical Data

The historical data trend for SATO 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.

SATO Technologies Equity-to-Asset Chart

SATO Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.60 0.48 0.31 0.31

SATO Technologies Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 0.36 0.38 0.26 0.31

Competitive Comparison of SATO Technologies's Equity-to-Asset

For the Capital Markets subindustry, SATO 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.


SATO Technologies's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SATO Technologies's Equity-to-Asset distribution charts can be found below:

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



SATO 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.

SATO Technologies'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
=6.62/21.684
=0.31

SATO Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6.62/21.684
=0.31

* 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.


SATO Technologies  (TSXV:SATO) 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%.


SATO Technologies Equity-to-Asset Related Terms

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


SATO Technologies (TSXV:SATO) Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 5300, Toronto, ON, CAN, M5K 1E6
SATO Technologies Corp is engaged in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the Bitcoin blockchain and others. The Group receives digital assets in return for successful service and is primarily engaged in the cryptocurrency mining industry.

SATO Technologies (TSXV:SATO) Headlines