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Smartspace Software (LSE:SMRT) Equity-to-Asset : 0.72 (As of Jul. 2023)


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What is Smartspace Software Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smartspace Software's Total Stockholders Equity for the quarter that ended in Jul. 2023 was £10.44 Mil. Smartspace Software's Total Assets for the quarter that ended in Jul. 2023 was £14.58 Mil. Therefore, Smartspace Software's Equity to Asset Ratio for the quarter that ended in Jul. 2023 was 0.72.

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

LSE:SMRT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.71   Max: 0.92
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Smartspace Software was 0.92. The lowest was 0.37. And the median was 0.71.

LSE:SMRT's Equity-to-Asset is ranked better than
73.24% of 2836 companies
in the Software industry
Industry Median: 0.55 vs LSE:SMRT: 0.72

Smartspace Software Equity-to-Asset Historical Data

The historical data trend for Smartspace Software'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.

Smartspace Software Equity-to-Asset Chart

Smartspace Software Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.80 0.85 0.79 0.70

Smartspace Software Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 0.82 0.79 0.76 0.70 0.72

Competitive Comparison of Smartspace Software's Equity-to-Asset

For the Software - Application subindustry, Smartspace Software'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.


Smartspace Software's Equity-to-Asset Distribution in the Software Industry

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

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



Smartspace Software 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.

Smartspace Software's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )=Total Stockholders Equity/Total Assets
=11.641/16.586
=0.70

Smartspace Software's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )=Total Stockholders Equity/Total Assets
=10.443/14.583
=0.72

* 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.


Smartspace Software  (LSE:SMRT) 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%.


Smartspace Software Equity-to-Asset Related Terms

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


Smartspace Software (LSE:SMRT) Business Description

Traded in Other Exchanges
Address
4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL
Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.