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NetCents Technology (XCNQ:NC) Equity-to-Asset : 0.13 (As of Jul. 2020)


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What is NetCents Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NetCents Technology's Total Stockholders Equity for the quarter that ended in Jul. 2020 was C$1.05 Mil. NetCents Technology's Total Assets for the quarter that ended in Jul. 2020 was C$8.35 Mil. Therefore, NetCents Technology's Equity to Asset Ratio for the quarter that ended in Jul. 2020 was 0.13.

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

XCNQ:NC's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

NetCents Technology Equity-to-Asset Historical Data

The historical data trend for NetCents Technology'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.

NetCents Technology Equity-to-Asset Chart

NetCents Technology Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19
Equity-to-Asset
-14.50 -10.15 -2.27 -0.04 -0.56

NetCents Technology Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 0.14 -0.56 -0.36 -0.41 0.13

Competitive Comparison of NetCents Technology's Equity-to-Asset

For the Software - Infrastructure subindustry, NetCents Technology'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.


NetCents Technology's Equity-to-Asset Distribution in the Software Industry

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

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



NetCents Technology 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.

NetCents Technology's Equity to Asset Ratio for the fiscal year that ended in Oct. 2019 is calculated as

Equity to Asset (A: Oct. 2019 )=Total Stockholders Equity/Total Assets
=-2.279/4.078
=-0.56

NetCents Technology's Equity to Asset Ratio for the quarter that ended in Jul. 2020 is calculated as

Equity to Asset (Q: Jul. 2020 )=Total Stockholders Equity/Total Assets
=1.045/8.346
=0.13

* 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.


NetCents Technology  (XCNQ:NC) 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%.


NetCents Technology Equity-to-Asset Related Terms

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


NetCents Technology (XCNQ:NC) Business Description

Traded in Other Exchanges
N/A
Address
350-375 Water Street, Vancouver, BC, CAN, V6B 5C6
NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.