GURUFOCUS.COM » STOCK LIST » Technology » Software » K2fly Ltd (ASX:K2F) » Definitions » Equity-to-Asset

K2fly (ASX:K2F) Equity-to-Asset : 0.50 (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is K2fly Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. K2fly's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$9.40 Mil. K2fly's Total Assets for the quarter that ended in Jun. 2024 was A$18.74 Mil. Therefore, K2fly's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.50.

The historical rank and industry rank for K2fly's Equity-to-Asset or its related term are showing as below:

ASX:K2F' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.35   Med: 0.52   Max: 0.92
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of K2fly was 0.92. The lowest was -1.35. And the median was 0.52.

ASX:K2F's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs ASX:K2F: 0.50

K2fly Equity-to-Asset Historical Data

The historical data trend for K2fly'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.

K2fly Equity-to-Asset Chart

K2fly Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.54 0.53 0.55 0.50

K2fly Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.53 0.52 0.55 0.53 0.50

Competitive Comparison of K2fly's Equity-to-Asset

For the Software - Application subindustry, K2fly'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.


K2fly's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, K2fly's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where K2fly's Equity-to-Asset falls into.



K2fly 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.

K2fly's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=9.402/18.735
=0.50

K2fly's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=9.402/18.735
=0.50

* 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.


K2fly  (ASX:K2F) 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%.


K2fly Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of K2fly's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


K2fly Business Description

Traded in Other Exchanges
N/A
Address
502 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008
K2fly Ltd is a technology provider of enterprise-level Resource Governance solutions to asset intensive and extractive industries. The company's software drives toward a net positive impact in ESG compliance, disclosure and technical assurance, through platform-based SaaS cloud solutions. K2fly's software operationalizes business processes to be compliant with standards, regulations and codes, facilitating robust, auditable disclosures. This software is embedded into some of the world's largest companies.

K2fly Headlines

No Headlines