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Sollensys (Sollensys) Equity-to-Asset : -0.75 (As of Dec. 2022)


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What is Sollensys Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sollensys's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-2.47 Mil. Sollensys's Total Assets for the quarter that ended in Dec. 2022 was $3.29 Mil. Therefore, Sollensys's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was -0.75.

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

SOLS's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Sollensys Equity-to-Asset Historical Data

The historical data trend for Sollensys'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.

Sollensys Equity-to-Asset Chart

Sollensys Annual Data
Trend Mar12 Mar19 Mar20 Dec21 Dec22
Equity-to-Asset
-2.00 - - 0.16 -0.75

Sollensys Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.16 -0.04 0.64 -0.73 -0.75

Competitive Comparison of Sollensys's Equity-to-Asset

For the Software - Infrastructure subindustry, Sollensys'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.


Sollensys's Equity-to-Asset Distribution in the Software Industry

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

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



Sollensys 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.

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

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-2.474/3.285
=-0.75

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

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-2.474/3.285
=-0.75

* 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.


Sollensys  (OTCPK:SOLS) 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%.


Sollensys Equity-to-Asset Related Terms

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


Sollensys (Sollensys) Business Description

Traded in Other Exchanges
N/A
Address
1470 Treeland Boulevard Southeast, Palm Bay, FL, USA, 32909
Sollensys Corp manufactures the blockchain archive server that maintains a redundant, immutable backup of data. Its blockchain archive server protects client data from ransomware malicious software that infects computers and displays messages.