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CURR (Currenc Group) Equity-to-Asset : -0.61 (As of Dec. 2024)


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What is Currenc Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Currenc Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $-65.99 Mil. Currenc Group's Total Assets for the quarter that ended in Dec. 2024 was $108.47 Mil. Therefore, Currenc Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was -0.61.

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

CURR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.61   Med: -0.3   Max: -0.17
Current: -0.61

During the past 5 years, the highest Equity to Asset Ratio of Currenc Group was -0.17. The lowest was -0.61. And the median was -0.30.

CURR's Equity-to-Asset is ranked worse than
95.12% of 2848 companies
in the Software industry
Industry Median: 0.55 vs CURR: -0.61

Currenc Group Equity-to-Asset Historical Data

The historical data trend for Currenc Group'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.

Currenc Group Equity-to-Asset Chart

Currenc Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
-0.17 -0.23 -0.30 -0.44 -0.61

Currenc Group Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.44 -0.51 -0.41 -0.61

Competitive Comparison of Currenc Group's Equity-to-Asset

For the Software - Application subindustry, Currenc Group'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.


Currenc Group's Equity-to-Asset Distribution in the Software Industry

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

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


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Currenc Group 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.

Currenc Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=-65.988/108.47
=-0.61

Currenc Group'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
=-65.988/108.47
=-0.61

* 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.


Currenc Group  (NAS:CURR) 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%.


Currenc Group Equity-to-Asset Related Terms

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


Currenc Group Business Description

Traded in Other Exchanges
N/A
Address
410 North Bridge Road, SPACES City Hall, Singapore, SGP, 188726
Currenc Group Inc is a is a fintech pioneer dedicated to transforming financial services through artificial intelligence (AI). It empowers financial institutions with comprehensive AI solutions, including the SEAMLESS AI Call Centre and other AI-powered tools designed to reduce costs, increase efficiency and boost customer satisfaction. The Company's digital remittance platform also enables e-wallets, remittance companies, and corporations to provide real-time, 24/7 payment services, advancing financial access across underserved communities.