Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtusa's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $566 Mil. Virtusa's Total Assets for the quarter that ended in Dec. 2020 was $1,280 Mil.
Therefore, Virtusa's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was 0.44.
The historical rank and industry rank for Virtusa's Equity-to-Asset or its related term are showing as below:
VRTU's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55 * Ranked among companies with meaningful Equity-to-Asset only.
Virtusa Equity-to-Asset Historical Data
The historical data trend for Virtusa'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.
Competitive Comparison of Virtusa's Equity-to-Asset
For the Information Technology Services subindustry, Virtusa'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.
Virtusa's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Virtusa's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Virtusa's Equity-to-Asset falls into.
Virtusa 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.
Virtusa's Equity to Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as
* 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.
Virtusa (NAS:VRTU) 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%.
Virtusa Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Virtusa's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Virtusa Corp provides a range of information technology, or IT, services. The company organizes its services into three categories: business and IT consulting, technology implementation, and application outsourcing. The business and IT consulting services include IT assessment and planning, network architecture and design, and governance-related services. Technology implementation services include application development, legacy asset management, information management, and testing. Application outsourcing services include application and platform management, infrastructure management, and software quality assurance management. The company generates the majority of revenue from North America.
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