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Sungy Mobile (Sungy Mobile) Equity-to-Asset : 0.90 (As of Sep. 2014)


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What is Sungy Mobile Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sungy Mobile's Total Stockholders Equity for the quarter that ended in Sep. 2014 was $141.76 Mil. Sungy Mobile's Total Assets for the quarter that ended in Sep. 2014 was $157.76 Mil. Therefore, Sungy Mobile's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.90.

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

GOMO's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Sungy Mobile Equity-to-Asset Historical Data

The historical data trend for Sungy Mobile'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.

Sungy Mobile Equity-to-Asset Chart

Sungy Mobile Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
-2.12 -2.01 0.93 0.87

Sungy Mobile Quarterly Data
Dec11 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.93 0.92 0.91 0.90 0.87

Competitive Comparison of Sungy Mobile's Equity-to-Asset

For the Software - Application subindustry, Sungy Mobile'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.


Sungy Mobile's Equity-to-Asset Distribution in the Software Industry

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

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



Sungy Mobile 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.

Sungy Mobile's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=124.861/144.359
=0.86

Sungy Mobile's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=141.76/157.76
=0.90

* 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.


Sungy Mobile  (NAS:GOMO) 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%.


Sungy Mobile Equity-to-Asset Related Terms

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


Sungy Mobile (Sungy Mobile) Business Description

Traded in Other Exchanges
N/A
Address
Sungy Mobile Ltd was incorporated in January 2005. The Company, through its subsidiaries, provides mobile reading services and mobile portal marketing services, and sells mobile application products and related services in the PRC. Its platform product, GO Launcher EX, manages apps, widgets and functions on Android smartphones and serves as users' first entry point to their phones. The Company has developed a portfolio of GO series products which include its launcher products and a broad range of other GO series apps and widget.

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