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SPRQF (SPARQ Systems) Equity-to-Asset : 0.96 (As of Sep. 2024)


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What is SPARQ Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPARQ Systems's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $8.41 Mil. SPARQ Systems's Total Assets for the quarter that ended in Sep. 2024 was $8.77 Mil. Therefore, SPARQ Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.96.

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

SPRQF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.46   Med: 0.89   Max: 0.97
Current: 0.96

During the past 6 years, the highest Equity to Asset Ratio of SPARQ Systems was 0.97. The lowest was -0.46. And the median was 0.89.

SPRQF's Equity-to-Asset is ranked better than
99.02% of 1018 companies
in the Semiconductors industry
Industry Median: 0.63 vs SPRQF: 0.96

SPARQ Systems Equity-to-Asset Historical Data

The historical data trend for SPARQ Systems'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.

SPARQ Systems Equity-to-Asset Chart

SPARQ Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.46 0.95 0.94 0.87 0.46

SPARQ Systems Quarterly Data
Dec18 Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.81 0.46 0.25 0.92 0.96

Competitive Comparison of SPARQ Systems's Equity-to-Asset

For the Solar subindustry, SPARQ Systems'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.


SPARQ Systems's Equity-to-Asset Distribution in the Semiconductors Industry

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

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


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SPARQ Systems 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.

SPARQ Systems'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
=1.503/3.274
=0.46

SPARQ Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=8.409/8.766
=0.96

* 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.


SPARQ Systems  (OTCPK:SPRQF) 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%.


SPARQ Systems Equity-to-Asset Related Terms

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SPARQ Systems Business Description

Traded in Other Exchanges
Address
945 Princess Street, Innovation Park, Box 212, Kingston, ON, CAN, K7L 0E9
SPARQ Systems Inc designs and manufactures next-generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design & installation and lowering the cost for solar power installations when compared to existing market offerings. Its microinverter system can be used in any power grid, conventional or smart, around the globe.

SPARQ Systems Headlines