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Memex (MENXF) Equity-to-Asset : -2.16 (As of Jun. 2023)


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What is Memex Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Memex's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.06 Mil. Memex's Total Assets for the quarter that ended in Jun. 2023 was $0.49 Mil. Therefore, Memex's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -2.16.

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

MENXF' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.17   Med: 0.19   Max: 0.93
Current: -2.17

During the past 11 years, the highest Equity to Asset Ratio of Memex was 0.93. The lowest was -2.17. And the median was 0.19.

MENXF's Equity-to-Asset is ranked worse than
97.02% of 2850 companies
in the Software industry
Industry Median: 0.54 vs MENXF: -2.17

Memex Equity-to-Asset Historical Data

The historical data trend for Memex'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.

Memex Equity-to-Asset Chart

Memex Annual Data
Trend Aug13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.21 -0.69 -0.60 -1.46

Memex Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.19 -1.46 -1.48 -1.49 -2.16

Competitive Comparison of Memex's Equity-to-Asset

For the Software - Application subindustry, Memex'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.


Memex's Equity-to-Asset Distribution in the Software Industry

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

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



Memex 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.

Memex's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-0.981/0.67
=-1.46

Memex's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-1.056/0.488
=-2.16

* 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.


Memex  (OTCPK:MENXF) 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%.


Memex Equity-to-Asset Related Terms

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


Memex (MENXF) Business Description

Traded in Other Exchanges
Address
880 Laurentian Drive, Unit 2, Burlington, ON, CAN, L7N 3V6
Memex Inc is a technology-based company. It develops, commercializes, and manufactures a suite of products for its customers in the discrete manufacturing and aerospace sectors worldwide. It's flagship product MERLIN is a software-driven IIoT communications platform that provides manufacturing analytics in real-time. MERLIN connects to any machine, old or new, utilizing native MTConnect or hardware adapters for older machines. The company derives a majority of its revenue from Software licensing. Geographically, it generates maximum revenue from the United States and also has a presence in Mexico and Other Countries.