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Smith Micro SoftwareSMSI +0.17%63 Equity-to-Asset is 0.67 as of Jun. 2026, which is 13% below its 10-year median of 0.77. GuruFocus rates SMSI with a GF Score™ of 63/100 and a GF Value™ of $2.24 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,894 Software companies, Smith Micro Software ranks better than 66.45% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smith Micro Software's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $17.33 Mil. Smith Micro Software's Total Assets for the quarter that ended in Jun. 2026 was $25.89 Mil.
Therefore, Smith Micro Software's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.67.
The historical rank and industry rank for Smith Micro Software's Equity-to-Asset or its related term are showing as below:
SMSI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.77 Max: 0.89
Current: 0.67
During the past 13 years, the highest Equity to Asset Ratio of Smith Micro Software was 0.89. The lowest was 0.03. And the median was 0.77.
SMSI's Equity-to-Asset is ranked better than 66.45% of 2894
companies
in the Software industry
Industry Median: 0.56
vs SMSI: 0.67
Smith Micro Software (NAS:SMSI) 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%.
Smith Micro Software Equity-to-Asset Related Terms
Smith Micro Software Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Smith Micro Software'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.
SMSI vs CINGF, SAGT, NVNI: Equity-to-Asset Comparison
For the Software - Application subindustry, Smith Micro Software'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.
Smith Micro Software Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Smith Micro Software's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Smith Micro Software's Equity-to-Asset falls into.
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.
Smith Micro Software's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Smith Micro Software (SMSI) has a Equity-to-Asset of 0.67 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Smith Micro Software and its competitors. This is 13% below median its historical median of 0.77. Over the past decade, Smith Micro Software's Equity-to-Asset has ranged from 0.03 to 0.89. According to the industry distribution chart, Smith Micro Software ranks #971 out of 2894 companies in the Software industry, placing it in the top 33.6%.
Is Smith Micro Software's Equity-to-Asset too high?
Smith Micro Software's current Equity-to-Asset of 0.67 is 13% below median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.89. The Software industry median Equity-to-Asset is 0.56. Smith Micro Software's value of 0.67 is 19.6% above this industry median. Based on the distribution chart, Smith Micro Software ranks #971 out of 2894 companies in the Software industry, which is above the industry midpoint. Overall, Smith Micro Software has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smith Micro Software's Equity-to-Asset compare to CINGF and SAGT?
According to the Software industry distribution chart, Smith Micro Software ranks #971 out of 2894 companies for Equity-to-Asset. This puts Smith Micro Software in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Smith Micro Software's value of 0.67 is 19.6% above this benchmark. Historically, Smith Micro Software's own Equity-to-Asset has ranged from 0.03 to 0.89 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.56, Smith Micro Software has consistently been above the industry average. 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 2,894 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. Smith Micro Software's current Equity-to-Asset of 0.67 is 19.6% above the industry median. 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 Smith Micro Software 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. Smith Micro Software's current Equity-to-Asset is 0.67, which is 13% below median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith Micro Software stock overvalued right now?
Based on GuruFocus' analysis, Smith Micro Software (SMSI) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.24, compared to a current price of $2.99 — trading 33.3% above its estimated fair value. The current Equity-to-Asset is 0.67, which is 13% below median its 10-year median of 0.77 and 19.6% above the Software industry median of 0.56. Smith Micro Software's overall GF Score™ is 63/100 with 4 warning signs to review. 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 Smith Micro Software (SMSI), the current Equity-to-Asset is 0.67 as of Jun. 2026. 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.
Is Smith Micro Software (SMSI) Overvalued in 2026?
Based on GuruFocus' analysis, Smith Micro Software stock appears to be overvalued.
The current stock price of $2.99 is trading 33.3% above its estimated GF Value™ of $2.24.
GuruFocus considers Smith Micro Software to be Significantly Overvalued.
Key valuation signals for SMSI:
Equity-to-Asset: 0.67 (13% below median its 10-year median of 0.77)
GF Value™: $2.24 vs. price of $2.99 (33.3% above fair value)
Industry Position: 19.6% above the Software median (#971 of 2894)
No single metric tells the full story. See the SMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smith Micro Software Inc provides software solutions that simplify and enhance the mobile experience to some of the wireless service providers around the globe. The company's solutions include SafePath product suite provides comprehensive and easy-to-use tools to protect family digital lifestyles and manage connected devices both inside and outside the home; CommSuite premium messaging platform helps mobile service providers deliver a next-generation voicemail experience to mobile subscribers, while monetizing a legacy cost-center; and ViewSpot its retail display management platform provided wireless carriers and retailers with a way to bring powerful on-screen, interactive demos to life. It operates in single segment: Wireless.
63GF Score
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