Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPS Commerce's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $667.5 Mil. SPS Commerce's Total Assets for the quarter that ended in Dec. 2023 was $823.8 Mil.
Therefore, SPS Commerce's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.
The historical rank and industry rank for SPS Commerce's Equity-to-Asset or its related term are showing as below:
SPSC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79 Med: 0.82 Max: 0.85
Current: 0.81
During the past 13 years, the highest Equity to Asset Ratio of SPS Commerce was 0.85. The lowest was 0.79. And the median was 0.82.
SPSC's Equity-to-Asset is ranked better than 85.5% of 2841
companies
in the Software industry
Industry Median: 0.55
vs SPSC: 0.81
SPS Commerce Equity-to-Asset Historical Data
The historical data trend for SPS Commerce'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 SPS Commerce's Equity-to-Asset
For the Software - Infrastructure subindustry, SPS Commerce'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.
SPS Commerce's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, SPS Commerce's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SPS Commerce's Equity-to-Asset falls into.
SPS Commerce 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.
SPS Commerce's Equity to Asset Ratio for the fiscal year that ended in Dec. 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%.
SPS Commerce Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of SPS Commerce's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from recurring monthly fees and set-up fees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SPSC has been successfully added to your 