Tribe Property Technologies (TSXV:TRBE) Equity-to-Asset : 0.26 (As of Dec. 2023)

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What is Tribe Property Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tribe Property Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.67 Mil. Tribe Property Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$14.40 Mil. Therefore, Tribe Property Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.26.

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

TSXV:TRBE' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.14 Med: 0.35 Max: 0.68
Current: 0.26

During the past 4 years, the highest Equity to Asset Ratio of Tribe Property Technologies was 0.68. The lowest was -0.14. And the median was 0.35.

TSXV:TRBE's Equity-to-Asset is ranked worse than
75.88% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs TSXV:TRBE: 0.26

Tribe Property Technologies Equity-to-Asset Historical Data

The historical data trend for Tribe Property 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.

Tribe Property Technologies Equity-to-Asset Chart

Tribe Property Technologies Annual Data

Trend

Apr20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.14

0.44

0.68

0.26

Tribe Property Technologies Quarterly Data
	Jan20	Apr20	Sep20	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										0.68	0.65	-	0.56	0.26

Competitive Comparison of Tribe Property Technologies's Equity-to-Asset

For the Real Estate Services subindustry, Tribe Property 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.

Tribe Property Technologies's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tribe Property Technologies's Equity-to-Asset distribution charts can be found below:

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

Tribe Property 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.

Tribe Property 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
	=	3.67	/	14.398
	=	0.25

Tribe Property 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
	=	3.67	/	14.398
	=	0.25

Tribe Property Technologies (TSXV:TRBE) 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%.

Tribe Property Technologies Equity-to-Asset Related Terms

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

Tribe Property Technologies (TSXV:TRBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tribe Property Technologies Inc (TSXV:TRBE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TRPTF:USA

Address

1166 Alberni Street, Suite 1606, Vancouver, BC, CAN, V6E 3Z3

Website

https://www.tribetech.com

Tribe Property Technologies Inc is a property technology company engaged in offering technology-enabled property management services to meet the needs of developers, condominium and residential communities, owners and residents. As a tech-forward property management company, Tribe's integrated service-technology delivery model serves the needs of stakeholders than traditional service providers. The company's platform decreases customer acquisition costs, increases retention, and allows for the addition of value-added products and services through the platform.

Executives

Joseph Nakhla

10% Security Holder, Director, Senior Officer

Tribe Property Technologies (TSXV:TRBE) Headlines

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