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Infinite Group (Infinite Group) Equity-to-Asset : -4.02 (As of Jun. 2023)


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What is Infinite Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Infinite Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-6.99 Mil. Infinite Group's Total Assets for the quarter that ended in Jun. 2023 was $1.74 Mil. Therefore, Infinite Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -4.02.

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

IMCI' s Equity-to-Asset Range Over the Past 10 Years
Min: -24.67   Med: -4.07   Max: -1.93
Current: -4.02

During the past 13 years, the highest Equity to Asset Ratio of Infinite Group was -1.93. The lowest was -24.67. And the median was -4.07.

IMCI's Equity-to-Asset is ranked worse than
97.75% of 2841 companies
in the Software industry
Industry Median: 0.55 vs IMCI: -4.02

Infinite Group Equity-to-Asset Historical Data

The historical data trend for Infinite 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.

Infinite Group Equity-to-Asset Chart

Infinite Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.98 -4.36 -1.93 -2.64 -4.12

Infinite Group 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 -2.70 -3.36 -4.12 -2.65 -4.02

Competitive Comparison of Infinite Group's Equity-to-Asset

For the Information Technology Services subindustry, Infinite 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.


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

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

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



Infinite 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.

Infinite Group'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
=-6.864/1.666
=-4.12

Infinite Group'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
=-6.989/1.74
=-4.02

* 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.


Infinite Group  (OTCPK:IMCI) 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%.


Infinite Group Equity-to-Asset Related Terms

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


Infinite Group (Infinite Group) Business Description

Traded in Other Exchanges
N/A
Address
175 Sully’s Trail, Suite 202, Pittsford, NY, USA, 14534
Infinite Group Inc provides managed information technology and virtualization services. It also develops and renders cybersecurity tools and solutions to private businesses and government agencies in the United States. It offers products such as Nodeware which assesses vulnerabilities in a computer network using scanning technology. The company also provides cloud computing solutions, including public and private cloud architecture, hybrid cloud hosting, server virtualization, and desktop virtualization solutions.
Executives
James Villa 10 percent owner 308 ROCK BEACH ROAD, ROCHESTER NY 14617
Andrew T. Hoyen officer: EVP- Chief Admin Officer 80 OFFICE PARK WAY, PITTSFORD NY 14534
Richard W Glickman officer: Chief Accounting Officer 175 SULLY'S TRAIL, PITTSFORD NY 14534
Donald Reeve director C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
James Witzel officer: Chief Financial Officer C/O INFINITE GROUP INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
James D Frost officer: CHIEF TECHNOLOGY OFFICER C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
William S Hogan officer: VP of Operations C/O INFINITE GROUP, INC., 60 OFFICE PARK WAY, PITTSFORD NY 14534
David Slavny officer: Director Business Development C/O INFINITE GROUP, INC, 60 OFFICE PARK WAY, PITTSFORD NY 14534
Northwest Hampton Holdings Llc 10 percent owner 308 ROCK BEACH ROAD, ROCHESTER NY 14617
Michael S Smith director, officer: PRESIDENT, CEO and CFO C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Allan M Robbins director C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Paul J Delmore director, 10 percent owner C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610
Upstate Holding Group, Llc 10 percent owner C/O INFINITE GROUP, INC, 595 BLOSSOM ROAD SUITE 309, ROCHESTER NY 14610