Wavefront Technology Solutions (Wavefront Technology Solutions) Equity-to-Asset : 0.34 (As of May. 2022)

Wavefront Technology Solutions Equity-to-Asset Chart

Wavefront Technology Solutions Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Equity-to-Asset		Get a 7-Day Free Trial					0.79	0.80	0.80	0.79	0.55

Wavefront Technology Solutions Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Equity-to-Asset	Get a 7-Day Free Trial															0.58	0.55	0.55	0.45	0.34

Competitive Comparison of Wavefront Technology Solutions's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology 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.

Wavefront Technology Solutions's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Equity-to-Asset distribution charts can be found below:

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

Wavefront Technology 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.

Wavefront Technology Solutions's Equity to Asset Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Wavefront Technology Solutions's Equity to Asset Ratio for the quarter that ended in May. 2022 is calculated as

* 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.

Wavefront Technology Solutions  (OTCPK:WFTSF) 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%.

Wavefront Technology Solutions Equity-to-Asset Related Terms

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Wavefront Technology Solutions (Wavefront Technology Solutions) Business Description