VIQ Solutions (VIQ Solutions) Equity-to-Asset : 0.28 (As of Sep. 2023)

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What is VIQ Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VIQ Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.63 Mil. VIQ Solutions's Total Assets for the quarter that ended in Sep. 2023 was $30.97 Mil. Therefore, VIQ Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.28.

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

VQSSF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05 Med: 0.42 Max: 0.72
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of VIQ Solutions was 0.72. The lowest was 0.05. And the median was 0.42.

VQSSF's Equity-to-Asset is ranked worse than
78.35% of 2850 companies
in the Software industry
Industry Median: 0.55 vs VQSSF: 0.28

VIQ Solutions Equity-to-Asset Historical Data

The historical data trend for VIQ Solutions'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.

VIQ Solutions Equity-to-Asset Chart

VIQ Solutions Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.13

0.11

0.46

0.44

VIQ Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.46	0.44	0.41	0.36	0.28

Competitive Comparison of VIQ Solutions's Equity-to-Asset

For the Software - Application subindustry, VIQ Solutions'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.

VIQ Solutions's Equity-to-Asset Distribution in the Software Industry

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

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

VIQ Solutions 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.

VIQ Solutions'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
	=	15.643	/	35.545
	=	0.44

VIQ Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8.632	/	30.971
	=	0.28

VIQ Solutions (OTCPK:VQSSF) 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%.

VIQ Solutions Equity-to-Asset Related Terms

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VIQ Solutions (VIQ Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VIQ Solutions Inc (OTCPK:VQSSF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

VQS:Canada

Address

5915 Airport Road, Suite 700, Mississauga, ON, CAN, L4V 1T1

Website

https://www.viqsolutions.com

VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management in Australia, the United Kingdom, Canada, the United States, and internationally. The reportable segments of the company are technology and related revenue which develops, distributes, and licenses computer-based digital solutions, and the technology services which provide recording and transcription services.