DVRNF (Deveron) Equity-to-Asset: -0.88 (As of Mar. 2025)

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What is Deveron Equity-to-Asset?

Deveron DVRNF Equity-to-Asset is -0.88 as of Mar. 2025.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Deveron's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $-31.32 Mil. Deveron's Total Assets for the quarter that ended in Mar. 2025 was $35.50 Mil. Therefore, Deveron's Equity to Asset Ratio for the quarter that ended in Mar. 2025 was -0.88.

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

DVRNF's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Deveron  (OTCPK:DVRNF) 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%.

Deveron Equity-to-Asset Related Terms

Deveron Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Deveron'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.

Deveron Equity-to-Asset Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.88 0.65 0.17 -0.77

Deveron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.03 -0.77 -0.74 -0.74 -0.88

DVRNF vs HWNI, FRQN, IBM: Equity-to-Asset Comparison

For the Information Technology Services subindustry, Deveron'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.

Deveron Equity-to-Asset vs Software Industry

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

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


Deveron 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.

Deveron'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
=-31.785/41.488
=-0.77

Deveron's Equity to Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

Equity to Asset (Q: Mar. 2025 )=Total Stockholders Equity/Total Assets
=-31.322/35.5
=-0.88

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.88 mean?
Deveron (DVRNF) has a Equity-to-Asset of -0.88 as of Mar. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Deveron and its competitors.
Is Deveron's Equity-to-Asset too high?
Deveron's current Equity-to-Asset is -0.88.
How does Deveron's Equity-to-Asset compare to HWNI and FRQN?
Deveron's Equity-to-Asset of -0.88 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,890 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Deveron and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deveron's current Equity-to-Asset is -0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deveron stock overvalued right now?
Deveron (DVRNF) has a current Equity-to-Asset of -0.88. The current Equity-to-Asset is -0.88. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Deveron (DVRNF), the current Equity-to-Asset is -0.88 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Deveron Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.