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COMSovereign Holding (COMSovereign Holding) Equity-to-Asset

: -0.86 (As of Sep. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. COMSovereign Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-17.46 Mil. COMSovereign Holding's Total Assets for the quarter that ended in Sep. 2023 was $20.29 Mil. Therefore, COMSovereign Holding's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.86.

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

COMS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.58   Med: 0.48   Max: 0.94
Current: -0.86

During the past 13 years, the highest Equity to Asset Ratio of COMSovereign Holding was 0.94. The lowest was -1.58. And the median was 0.48.

COMS's Equity-to-Asset is ranked worse than
96.95% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs COMS: -0.86

COMSovereign Holding Equity-to-Asset Historical Data

The historical data trend for COMSovereign 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.

COMSovereign Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.86 0.72 0.54 -0.60

COMSovereign Holding 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 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 0.26 -0.60 -0.74 -0.76 -0.86

Competitive Comparison

For the Telecom Services subindustry, COMSovereign 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.


COMSovereign Holding Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, COMSovereign Holding's Equity-to-Asset distribution charts can be found below:

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



COMSovereign 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.

COMSovereign Holding'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
=-15.001/24.918
=-0.60

COMSovereign Holding'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
=-17.461/20.287
=-0.86

* 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.


COMSovereign Holding  (OTCPK:COMS) 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%.


COMSovereign Holding Equity-to-Asset Related Terms

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


COMSovereign Holding (COMSovereign Holding) Business Description

Traded in Other Exchanges
Address
6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.
Executives
Billy Joe White director 191 OTTO ST., PORT TOWNSEND WA 98368
David Arthur Knight officer: Interim CEO 4461 E 79TH STREET, INDIANAPOLIS IN 46250
Brent M Davies director 5965 SOUTH 900 EAST SUITE 350, MURRAY UT 84121
Frances M. Jandjel officer: CFO & Executive Vice President 5000 QUORUM DRIVE SUITE 400, DALLAS TX 75254
Dustin H. Mcintire officer: Chief Technology Officer 5300 VIA ANDREA, NEWBURY CA 91320
Brian M Kelly officer: Exec VP for Business Dev 2445 FIFTH AVENUE, SUITE 450, SAN DIEGO CA 92101
Wade Martin R Iii officer: Chief Financial Officer 100 ROWLAND WAY, SUITE 300, NOVATO CA 94945
Harold Marion Patterson officer: Chief Operating Officer 5000 QUORUM DRIVE, SUITE 400, DALLAS TX 75254
Kaumudi Kay Kapoor director 9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
Kevin Sherlock officer: General Counsel and Secretary 4605 N PASEO AQUIMURI, TUCSON AZ 85750
Mohan Rao Tammisetti officer: SVP Engineering 25643 SOUTH VILLAGE DRIVE, SOUTH RIDING VA 20152
David Aguilar director 12213 CHAPEL ROAD, CLIFTON VA 20124
Daniel L. Hodges director, 10 percent owner, officer: Chief Executive Officer 6600 NORTH EAGLE RIDGE DRIVE, TUSCON AZ 85750
Brian T. Mihelich officer: Chief Financial Officer 3028 AVONDALE, THE COLONY TX 75056
James A. Marks director 7 WIRT STREET NW, LEESBURG VA 20176