SIMPQ (Simply) Equity-to-Asset: -0.20 (As of Jan. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SIMPQ Simply Inc SIMPQ
16 GF Score
Price $0.00
View Full Analysis

What is Simply Equity-to-Asset?

Simply SIMPQ 16 Equity-to-Asset is -0.20 as of Jan. 2022. GuruFocus rates SIMPQ with a GF Score™ of 16/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Simply's Total Stockholders Equity for the quarter that ended in Jan. 2022 was $-5.97 Mil. Simply's Total Assets for the quarter that ended in Jan. 2022 was $30.44 Mil. Therefore, Simply's Equity to Asset Ratio for the quarter that ended in Jan. 2022 was -0.20.

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

SIMPQ's Equity-to-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Simply  (OTCPK:SIMPQ) 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%.


Simply Equity-to-Asset Related Terms


Simply Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Simply'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.

Simply Equity-to-Asset Chart

Simply Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan21 Jan22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.20 -0.36 -0.11 -0.20

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 -0.11 -0.17 -0.21 -0.06 -0.20

SIMPQ vs HGGGQ, ORLY, AZO: Equity-to-Asset Comparison

For the Specialty Retail subindustry, Simply'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.


Simply Equity-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simply's Equity-to-Asset distribution charts can be found below:

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


SIMPQ
16GF Score
Simply Inc SIMPQ
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simply 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.

Simply's Equity to Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as

Equity to Asset (A: Jan. 2022 )=Total Stockholders Equity/Total Assets
=-5.966/30.437
=-0.20

Simply's Equity to Asset Ratio for the quarter that ended in Jan. 2022 is calculated as

Equity to Asset (Q: Jan. 2022 )=Total Stockholders Equity/Total Assets
=-5.966/30.437
=-0.20

* 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 -0.20 mean?
Simply (SIMPQ) has a Equity-to-Asset of -0.20 as of Jan. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Simply and its competitors.
Is Simply's Equity-to-Asset too high?
Simply's current Equity-to-Asset is -0.20. Overall, Simply has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Simply's Equity-to-Asset compare to HGGGQ and ORLY?
Simply's Equity-to-Asset of -0.20 can be compared against companies in the Retail - Cyclical industry. The industry median Equity-to-Asset is 0.44. 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 Retail - Cyclical company?
The median Equity-to-Asset among Retail - Cyclical companies is 0.44, based on 1,135 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 Simply and its competitors. For the Retail - Cyclical industry, the median Equity-to-Asset is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simply's current Equity-to-Asset is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simply stock overvalued right now?
Simply (SIMPQ) has a current Equity-to-Asset of -0.20. The current Equity-to-Asset is -0.20. Simply's overall GF Score™ is 16/100. 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 Simply (SIMPQ), the current Equity-to-Asset is -0.20 as of Jan. 2022. 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.

Simply Business Description

Address 10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
16GF Score

Get the complete analysis for SIMPQ

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price