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Vection Technologies (ASX:VR1) Equity-to-Asset : 0.23 (As of Dec. 2024)


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What is Vection Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vection Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$8.97 Mil. Vection Technologies's Total Assets for the quarter that ended in Dec. 2024 was A$39.38 Mil. Therefore, Vection Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.23.

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

ASX:VR1' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.79   Med: 0.41   Max: 0.68
Current: 0.23

During the past 8 years, the highest Equity to Asset Ratio of Vection Technologies was 0.68. The lowest was -0.79. And the median was 0.41.

ASX:VR1's Equity-to-Asset is ranked worse than
81.66% of 2846 companies
in the Software industry
Industry Median: 0.55 vs ASX:VR1: 0.23

Vection Technologies Equity-to-Asset Historical Data

The historical data trend for Vection Technologies'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.

Vection Technologies Equity-to-Asset Chart

Vection Technologies Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial 0.45 0.37 0.58 0.36 0.25

Vection Technologies Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.60 0.36 0.29 0.25 0.23

Competitive Comparison of Vection Technologies's Equity-to-Asset

For the Software - Application subindustry, Vection Technologies'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.


Vection Technologies's Equity-to-Asset Distribution in the Software Industry

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

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


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Vection Technologies 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.

Vection Technologies'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
=12.479/49.455
=0.25

Vection Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=8.971/39.376
=0.23

* 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.


Vection Technologies  (ASX:VR1) 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%.


Vection Technologies Equity-to-Asset Related Terms

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Vection Technologies Business Description

Traded in Other Exchanges
N/A
Address
355 Scarborough Beach Road, Level 4, Building C, Garden Office Park, Osborne Park, WA, AUS, 6017
Vection Technologies Ltd is a software company that focuses on real-time technologies for industrial companies' digital transformation, The company helps organizations leverage their three-dimensional (3D) data through powerful extended reality (XR) interfaces that foster collaboration and learning, grow sales, and more. Mindesk, EnWorks, 3DFrame, Configurator, and XRKiosk are some of the products of the company.

Vection Technologies Headlines

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