COSOL (ASX:COS) Equity-to-Asset : 0.59 (As of Dec. 2023)

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What is COSOL Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. COSOL's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$63.53 Mil. COSOL's Total Assets for the quarter that ended in Dec. 2023 was A$106.98 Mil. Therefore, COSOL's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

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

ASX:COS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.57 Max: 0.66
Current: 0.59

During the past 4 years, the highest Equity to Asset Ratio of COSOL was 0.66. The lowest was 0.49. And the median was 0.57.

ASX:COS's Equity-to-Asset is ranked better than
56.1% of 2845 companies
in the Software industry
Industry Median: 0.55 vs ASX:COS: 0.59

COSOL Equity-to-Asset Historical Data

The historical data trend for COSOL'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.

COSOL Equity-to-Asset Chart

COSOL Annual Data

Trend

Sep19

Jun21

Jun22

Jun23

Equity-to-Asset

0.67

0.66

0.57

0.54

COSOL Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.56	0.57	0.49	0.54	0.59

Competitive Comparison of COSOL's Equity-to-Asset

For the Information Technology Services subindustry, COSOL'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.

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

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

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

COSOL 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.

COSOL's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	42.659	/	78.857
	=	0.54

COSOL'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
	=	63.531	/	106.981
	=	0.59

COSOL (ASX:COS) 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%.

COSOL Equity-to-Asset Related Terms

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

COSOL (ASX:COS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » COSOL Ltd (ASX:COS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

490-500 Adelaide Street, Unit 1, Brisbane, QLD, AUS, 4000

Website

https://www.cosol.global

COSOL Ltd operates in the Information Technology(IT) and business services industry and provides EAM(enterprise asset management) related solutions and infrastructure-focused systems. It offers services such as digital business solutions which include business process and strategic reviews, implementation of enterprise resource planning (ERP)/EAM solutions, data migration, and ongoing support services to clients. The company's revenue is generated from EAM/ERP support services; data migration, and legacy data services. Its geographical segment includes COSOL Asia Pacific and COSOL North America. The company derives a majority of its revenue from the Asia Pacific region.

COSOL (ASX:COS) Headlines

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