Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bravura Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$123.7 Mil. Bravura Solutions's Total Assets for the quarter that ended in Dec. 2023 was A$238.7 Mil.
Therefore, Bravura Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Bravura Solutions's Equity-to-Asset or its related term are showing as below:
ASX:BVS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.58 Max: 0.77
Current: 0.52
During the past 7 years, the highest Equity to Asset Ratio of Bravura Solutions was 0.77. The lowest was 0.50. And the median was 0.58.
ASX:BVS's Equity-to-Asset is ranked worse than 52.69% of 2849
companies
in the Software industry
Industry Median: 0.54
vs ASX:BVS: 0.52
Bravura Solutions Equity-to-Asset Historical Data
The historical data trend for Bravura Solutions'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.
Competitive Comparison of Bravura Solutions's Equity-to-Asset
For the Software - Application subindustry, Bravura 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.
Bravura Solutions's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Bravura Solutions's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bravura Solutions's Equity-to-Asset falls into.
Bravura 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.
Bravura Solutions's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 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.
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%.
Bravura Solutions Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Bravura Solutions's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Bravura Solutions Ltd is engaged in the development, licensing and maintenance of highly specialized administration and management software applications as well as the provision of professional consulting services. It has two operating segments: Wealth Management and Funds Administration. The company generates maximum revenue from the Wealth Management segment. Wealth Management segment platforms provide end-to-end processing to support all back-office functions relating to the daily management of superannuation, pensions, life insurance, investment, private wealth and portfolio administration. Geographically, it derives a majority of revenue from Australia and also has a presence in the UK, New Zealand, and Other Countries.
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