Sumo Logic (Sumo Logic) Equity-to-Asset : 0.65 (As of Jan. 2023)

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What is Sumo Logic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sumo Logic's Total Stockholders Equity for the quarter that ended in Jan. 2023 was $375.1 Mil. Sumo Logic's Total Assets for the quarter that ended in Jan. 2023 was $579.1 Mil. Therefore, Sumo Logic's Equity to Asset Ratio for the quarter that ended in Jan. 2023 was 0.65.

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

SUMO' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.78 Med: 0.65 Max: 0.76
Current: 0.65

During the past 6 years, the highest Equity to Asset Ratio of Sumo Logic was 0.76. The lowest was -1.78. And the median was 0.65.

SUMO's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.54 vs SUMO: 0.65

Sumo Logic Equity-to-Asset Historical Data

The historical data trend for Sumo Logic'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.

Sumo Logic Equity-to-Asset Chart

Sumo Logic Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Equity-to-Asset

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-1.78

-0.93

0.76

0.70

0.65

Sumo Logic Quarterly Data
	Jan18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Equity-to-Asset	Get a 7-Day Free Trial													0.70	0.67	0.67	0.66	0.65

Competitive Comparison of Sumo Logic's Equity-to-Asset

For the Software - Infrastructure subindustry, Sumo Logic'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.

Sumo Logic's Equity-to-Asset Distribution in the Software Industry

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

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

Sumo Logic 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.

Sumo Logic's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	375.11	/	579.098
	=	0.65

Sumo Logic's Equity to Asset Ratio for the quarter that ended in Jan. 2023 is calculated as

Equity to Asset (Q: Jan. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	375.11	/	579.098
	=	0.65

Sumo Logic (NAS:SUMO) 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%.

Sumo Logic Equity-to-Asset Related Terms

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

Sumo Logic (Sumo Logic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sumo Logic Inc (NAS:SUMO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

855 Main Street, Suite 100, Redwood City, CA, USA, 94063

Website

https://www.sumologic.com

Sumo Logic Inc is a software company that empowers the people who power modern, digital businesses. It is engaged in a software-as-a-service analytics platform for reliable and secure cloud-native applications. With its platform, It helps its customers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructure. Its multi-tenant, cloud-native platform is Continuous Intelligence Platform, a cloud-native, multi-tenant, secure service that its customers leverage to enable reliability and security of their cloud applications and cloud workloads and provides powerful, real-time, machine data analytics and insights across observability and security solutions. The majority of its revenue is generated in the United States.

Executives

Stewart Grierson	officer: Chief Financial Officer	C/O RUCKUS WIRELESS, INC., 350 WEST JAVA DRIVE, SUNNYVALE CA 94089
Lynne Doherty Mcdonald	officer: President WWD Field Operations	6220 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Suku Krishnaraj Chettiar	officer: Chief Marketing Officer	305 MAIN STREET, REDWOOD CITY CA 94063
Ramin Sayar	director, officer: See Remarks	305 MAIN STREET, REDWOOD CITY CA 94063
Jennifer Mccord	officer: Chief Accounting Officer	305 MAIN STREET, REDWOOD CITY CA 94063
Christian Beedgen	director	305 MAIN STREET, REDWOOD CITY CA 94063
Katherine Haar	officer: General Counsel and Secretary	305 MAIN STREET, REDWOOD CITY CA 94063
Timothy Youngblood	director	305 MAIN STREET, REDWOOD CITY CA 94043
Harkey John D Jr	director	305 MAIN STREET, REDWOOD CITY CA 94063
Steven D Fitz	officer: Chief Revenue Officer	C/O ISILON SYSTEMS, INC., 3101 WESTERN AVENUE, SEATTLE WA 98121
Margaret Francis	director	305 MAIN STREET, REDWOOD CITY CA 94063
Sydney Carey	officer: Chief Financial Officer	3303 HILLVIEW AVE., PALO ALTO CA 94304
Tracey Newell	director	4750 WILLOW ROAD, PLEASANTON CA 94588
Joseph Ansanelli	director	305 MAIN STREET, REDWOOD CITY CA 94063
Randy Gottfried	director	C/O APPDYNAMICS, INC., 303 SECOND STREET, SAN FRANCISCO CA 94107