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V2Y (SGX:V2Y) Equity-to-Asset : -1.22 (As of Jun. 2024)


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What is V2Y Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. V2Y's Total Stockholders Equity for the quarter that ended in Jun. 2024 was S$-0.58 Mil. V2Y's Total Assets for the quarter that ended in Jun. 2024 was S$0.47 Mil. Therefore, V2Y's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -1.22.

The historical rank and industry rank for V2Y's Equity-to-Asset or its related term are showing as below:

SGX:V2Y' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.22   Med: 0.32   Max: 0.62
Current: -1.22

During the past 9 years, the highest Equity to Asset Ratio of V2Y was 0.62. The lowest was -1.22. And the median was 0.32.

SGX:V2Y's Equity-to-Asset is ranked worse than
97.96% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs SGX:V2Y: -1.22

V2Y Equity-to-Asset Historical Data

The historical data trend for V2Y'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.

V2Y Equity-to-Asset Chart

V2Y Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.31 0.62 0.36 0.41 -0.15

V2Y Semi-Annual Data
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 0.62 0.41 0.22 -0.15 -1.22

Competitive Comparison of V2Y's Equity-to-Asset

For the Specialty Business Services subindustry, V2Y'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.


V2Y's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, V2Y's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where V2Y's Equity-to-Asset falls into.



V2Y 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.

V2Y's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.137/0.923
=-0.15

V2Y'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
=-0.576/0.474
=-1.22

* 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.


V2Y  (SGX:V2Y) 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%.


V2Y Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of V2Y's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


V2Y Business Description

Traded in Other Exchanges
N/A
Address
40 Jalan Pemimpin, No. 03-12, B9, Singapore, SGP, 577185
V2Y Corp Ltd is a Singapore-based company with its principal activity being investment holding. The company has two reportable operating segments: Insurtech and Investment holding. Insurtech provides third-party administration and value-added services to brand partners in the computer, communication, and consumer electronics sector. It manages and executes their extended warranty and accidental damage protection programs. Investment holding pertains to the activities of an investment holding company. The majority of the company's revenue is generated by its Insurtech segment, and it operates mainly in Singapore.

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