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The Ultimate Software Group (The Ultimate Software Group) Equity-to-Asset : 0.30 (As of Mar. 2019)


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What is The Ultimate Software Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Ultimate Software Group's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $826 Mil. The Ultimate Software Group's Total Assets for the quarter that ended in Mar. 2019 was $2,716 Mil. Therefore, The Ultimate Software Group's Equity to Asset Ratio for the quarter that ended in Mar. 2019 was 0.30.

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

ULTI's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

The Ultimate Software Group Equity-to-Asset Historical Data

The historical data trend for The Ultimate Software Group'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.

The Ultimate Software Group Equity-to-Asset Chart

The Ultimate Software Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.37 0.38 0.44

The Ultimate Software Group Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.26 0.38 0.45 0.44 0.30

Competitive Comparison of The Ultimate Software Group's Equity-to-Asset

For the Software - Infrastructure subindustry, The Ultimate Software Group'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.


The Ultimate Software Group's Equity-to-Asset Distribution in the Software Industry

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

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



The Ultimate Software Group 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.

The Ultimate Software Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=844.978/1920.717
=0.44

The Ultimate Software Group's Equity to Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Equity to Asset (Q: Mar. 2019 )=Total Stockholders Equity/Total Assets
=826.349/2716.271
=0.30

* 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.


The Ultimate Software Group  (NAS:ULTI) 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%.


The Ultimate Software Group Equity-to-Asset Related Terms

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The Ultimate Software Group (The Ultimate Software Group) Business Description

Traded in Other Exchanges
N/A
Address
2000 Ultimate Way, Weston, FL, USA, 33326
The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.
Executives
Jonathan D Mariner director 2200 WEST DON TYSON PARKWAY, SPRINGDALE AR 72762
Rick Wilber director
Mitchell K Dauerman officer: Exec. VP, CFO and Treasurer