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SUIC (SUIC Worldwide Holdings) Equity-to-Asset : -0.05 (As of Jun. 2024)


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What is SUIC Worldwide Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SUIC Worldwide Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-0.02 Mil. SUIC Worldwide Holdings's Total Assets for the quarter that ended in Jun. 2024 was $0.41 Mil. Therefore, SUIC Worldwide Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -0.05.

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

SUIC' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.35   Med: -0.09   Max: 0.63
Current: -0.05

During the past 13 years, the highest Equity to Asset Ratio of SUIC Worldwide Holdings was 0.63. The lowest was -6.35. And the median was -0.09.

SUIC's Equity-to-Asset is ranked worse than
91.84% of 2832 companies
in the Software industry
Industry Median: 0.55 vs SUIC: -0.05

SUIC Worldwide Holdings Equity-to-Asset Historical Data

The historical data trend for SUIC Worldwide Holdings'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.

SUIC Worldwide Holdings Equity-to-Asset Chart

SUIC Worldwide Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.22 -0.10 -0.10 -0.11

SUIC Worldwide Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.01 -0.11 -0.08 -0.05

Competitive Comparison of SUIC Worldwide Holdings's Equity-to-Asset

For the Information Technology Services subindustry, SUIC Worldwide Holdings'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.


SUIC Worldwide Holdings's Equity-to-Asset Distribution in the Software Industry

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

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



SUIC Worldwide Holdings 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.

SUIC Worldwide Holdings'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
=-0.043/0.384
=-0.11

SUIC Worldwide Holdings'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
=-0.021/0.408
=-0.05

* 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.


SUIC Worldwide Holdings  (OTCPK:SUIC) 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%.


SUIC Worldwide Holdings Equity-to-Asset Related Terms

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


SUIC Worldwide Holdings Business Description

Traded in Other Exchanges
N/A
Address
136-20 38th Avenue, Unit 3G, Flushing, NY, USA, 11354
SUIC Worldwide Holdings Ltd provides research and development, venture financing for, and investing in private enterprises and the public sector that develops products and services adopting core capabilities of the Internet of Things, cloud computing, mobile payment, Big Data, Blockchain, and Artificial Intelligence, to enhance and streamline existing processes, and establish new and exciting business models that will create revolutionary products and services. The company works in several new business ventures with a focus on the following fields; Fintech, Food Industry Supply Chain Integration, Global Chain & Franchise Expansion, and Other Supply Chain Integration.
Executives
Jianye Wang 10 percent owner 47 HUAGONG ROAD, ZHAO DONG CITY, HEILONGJIANG F4 151100
Haipeng Wang director, 10 percent owner, officer: VP, Global Energy Services 136-20 39TH AVENUE, UNIT 3G, FLUSHING NY 11354

SUIC Worldwide Holdings Headlines

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