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Topicus com (TSXV:TOI) Equity-to-Asset : 0.24 (As of Dec. 2023)


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What is Topicus com Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Topicus com's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$496 Mil. Topicus com's Total Assets for the quarter that ended in Dec. 2023 was C$2,100 Mil. Therefore, Topicus com's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

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

TSXV:TOI' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.69   Med: 0.24   Max: 0.37
Current: 0.24

During the past 5 years, the highest Equity to Asset Ratio of Topicus com was 0.37. The lowest was -0.69. And the median was 0.24.

TSXV:TOI's Equity-to-Asset is ranked worse than
81.56% of 2842 companies
in the Software industry
Industry Median: 0.55 vs TSXV:TOI: 0.24

Topicus com Equity-to-Asset Historical Data

The historical data trend for Topicus com'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.

Topicus com Equity-to-Asset Chart

Topicus com Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.37 0.28 -0.69 0.21 0.24

Topicus com Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.20 0.20 0.22 0.24

Competitive Comparison of Topicus com's Equity-to-Asset

For the Software - Infrastructure subindustry, Topicus com'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.


Topicus com's Equity-to-Asset Distribution in the Software Industry

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

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



Topicus com 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.

Topicus com'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
=496.237/2099.68
=0.24

Topicus com's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=496.237/2099.68
=0.24

* 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.


Topicus com  (TSXV:TOI) 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%.


Topicus com Equity-to-Asset Related Terms

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


Topicus com (TSXV:TOI) Business Description

Traded in Other Exchanges
Address
20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6
Topicus com Inc is a provider of vertical market software and vertical market platforms to clients in the public and private sector. It acquires, builds, and manages leading software companies providing specialized, mission-critical, and high-impact software solutions that address the particular needs of customers. Substantial revenue is derived from maintenance and professional services offered by the firm.