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Sirma Group Holding JSC (XBUL:SGH) Equity-to-Asset : 0.78 (As of Sep. 2023)


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What is Sirma Group Holding JSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sirma Group Holding JSC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was лв77.62 Mil. Sirma Group Holding JSC's Total Assets for the quarter that ended in Sep. 2023 was лв100.10 Mil. Therefore, Sirma Group Holding JSC's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.78.

The historical rank and industry rank for Sirma Group Holding JSC's Equity-to-Asset or its related term are showing as below:

XBUL:SGH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.63   Max: 0.85
Current: 0.78

During the past 10 years, the highest Equity to Asset Ratio of Sirma Group Holding JSC was 0.85. The lowest was 0.58. And the median was 0.63.

XBUL:SGH's Equity-to-Asset is ranked better than
81.93% of 2850 companies
in the Software industry
Industry Median: 0.55 vs XBUL:SGH: 0.78

Sirma Group Holding JSC Equity-to-Asset Historical Data

The historical data trend for Sirma Group Holding JSC'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.

Sirma Group Holding JSC Equity-to-Asset Chart

Sirma Group Holding JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.61 0.59 0.58 0.70

Sirma Group Holding JSC 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 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 0.66 0.70 0.71 0.75 0.78

Competitive Comparison of Sirma Group Holding JSC's Equity-to-Asset

For the Software - Application subindustry, Sirma Group Holding JSC'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.


Sirma Group Holding JSC's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Sirma Group Holding JSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sirma Group Holding JSC's Equity-to-Asset falls into.



Sirma Group Holding JSC 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.

Sirma Group Holding JSC'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
=85.387/122.338
=0.70

Sirma Group Holding JSC'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
=77.618/100.096
=0.78

* 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.


Sirma Group Holding JSC  (XBUL:SGH) 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%.


Sirma Group Holding JSC Equity-to-Asset Related Terms

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


Sirma Group Holding JSC (XBUL:SGH) Business Description

Traded in Other Exchanges
N/A
Address
135 Tsarigradsko Shosse, Area Mladost, Sofia, BGR, 1784
Sirma Group Holding JSC specializes in information technologies and software development, system integration and software implementation. The company develops semantic platforms and solutions, cognitive software business solutions, industrial applications, mobile platforms and applications, ERP software, solutions and services for the financial industry, payment services, e-government platform and services.