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VirnetX Holding (VirnetX Holding) Equity-to-Asset

: 0.93 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. VirnetX Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $56.01 Mil. VirnetX Holding's Total Assets for the quarter that ended in Dec. 2023 was $60.41 Mil.

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

VHC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.8   Max: 1
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of VirnetX Holding was 1.00. The lowest was 0.22. And the median was 0.80.

VHC's Equity-to-Asset is ranked better than
97.22% of 2837 companies
in the Software industry
Industry Median: 0.55 vs VHC: 0.93

VirnetX Holding Equity-to-Asset Historical Data

The historical data trend for VirnetX Holding'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.

VirnetX Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.96 0.99 1.00 0.93

VirnetX Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 1.00 0.51 0.99 0.98 0.93

Competitive Comparison

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding Equity-to-Asset Distribution

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

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



VirnetX Holding 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.

VirnetX Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=56.013/60.412
=0.93

VirnetX Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=56.013/60.412
=

* 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.


VirnetX Holding  (NYSE:VHC) 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%.


VirnetX Holding Equity-to-Asset Related Terms

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


VirnetX Holding (VirnetX Holding) Business Description

Traded in Other Exchanges
N/A
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.
Executives
Kendall Larsen director, 10 percent owner, officer: President & CEO 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Michael F Angelo director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Thomas M O'brien director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Katherine Allanson officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Richard H Nance officer: Chief Financial Officer 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Short Robert D Iii director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Gary Feiner director C/O 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
William E Sliney officer: Chief Financial Officer 5615 SCOTTS VALLEY DR. #110, SCOTTS VALLEY CA 95066
Edmund C Munger director 5615 SCOTTS VALLEY DRIVE, SUITE 110, SCOTTS VALLEY CA 95066
Virnetx Holding Corp director, officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Wayne T Grau director 9453 ALCOSTA BLVD, SAN RAHON CA 94583-3920
Glenn P Russell director, 10 percent owner, officer: CEO 5440 FAIRVIEW PL, AGUORA HILLS CA 91301

VirnetX Holding (VirnetX Holding) Headlines