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Verify Smart (Verify Smart) Equity-to-Asset : 0.29 (As of Jun. 2023)


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What is Verify Smart Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Verify Smart's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $0.63 Mil. Verify Smart's Total Assets for the quarter that ended in Jun. 2023 was $2.15 Mil. Therefore, Verify Smart's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.29.

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

VSMR' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.16   Med: 0.03   Max: 0.34
Current: 0.29

During the past 11 years, the highest Equity to Asset Ratio of Verify Smart was 0.34. The lowest was -1.16. And the median was 0.03.

VSMR's Equity-to-Asset is ranked worse than
77.42% of 2852 companies
in the Software industry
Industry Median: 0.55 vs VSMR: 0.29

Verify Smart Equity-to-Asset Historical Data

The historical data trend for Verify Smart'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.

Verify Smart Equity-to-Asset Chart

Verify Smart Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.09 -1.16 0.34 -0.24 0.29

Verify Smart Semi-Annual Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun17 Jun18 Jun22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.09 -1.16 0.34 -0.24 0.29

Competitive Comparison of Verify Smart's Equity-to-Asset

For the Software - Application subindustry, Verify Smart'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.


Verify Smart's Equity-to-Asset Distribution in the Software Industry

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

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



Verify Smart 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.

Verify Smart's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=0.626/2.145
=0.29

Verify Smart's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=0.626/2.145
=0.29

* 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.


Verify Smart  (OTCPK:VSMR) 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%.


Verify Smart Equity-to-Asset Related Terms

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


Verify Smart (Verify Smart) Business Description

Traded in Other Exchanges
N/A
Address
40 Hillside Avenue, Mahwah, NJ, USA, 07430
Verify Smart Corp is engaged in the business of developing and selling internet security software for credit card fraud prevention. The company's focus is on sourcing, developing, marketing, licensing, and distributing cutting-edge technology solutions across multiple global markets, including Consumer Brands, Financial Services, Retail Pharmacies, and Pharmaceutical Companies.
Executives
Howard Stephen Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2
Gordon Koshowski director #109 - 114 W MAGNOLIA, SUITE 400, BELLINGHAM WA 98225

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