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Mobi724 Global Solutions (Mobi724 Global Solutions) Equity-to-Asset : -37.12 (As of Sep. 2023)


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What is Mobi724 Global Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mobi724 Global Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-10.88 Mil. Mobi724 Global Solutions's Total Assets for the quarter that ended in Sep. 2023 was $0.29 Mil. Therefore, Mobi724 Global Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -37.12.

The historical rank and industry rank for Mobi724 Global Solutions's Equity-to-Asset or its related term are showing as below:

MOBIF' s Equity-to-Asset Range Over the Past 10 Years
Min: -37.07   Med: -0.2   Max: 0.73
Current: -37.07

During the past 13 years, the highest Equity to Asset Ratio of Mobi724 Global Solutions was 0.73. The lowest was -37.07. And the median was -0.20.

MOBIF's Equity-to-Asset is ranked worse than
99.37% of 2841 companies
in the Software industry
Industry Median: 0.55 vs MOBIF: -37.07

Mobi724 Global Solutions Equity-to-Asset Historical Data

The historical data trend for Mobi724 Global Solutions'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.

Mobi724 Global Solutions Equity-to-Asset Chart

Mobi724 Global Solutions 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 0.62 0.03 -8.08 -6.20 -11.97

Mobi724 Global Solutions 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 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 -27.19 -11.97 -16.79 -21.83 -37.12

Competitive Comparison of Mobi724 Global Solutions's Equity-to-Asset

For the Information Technology Services subindustry, Mobi724 Global Solutions'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.


Mobi724 Global Solutions's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Mobi724 Global Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mobi724 Global Solutions's Equity-to-Asset falls into.



Mobi724 Global Solutions 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.

Mobi724 Global Solutions'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
=-9.097/0.76
=-11.97

Mobi724 Global Solutions'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
=-10.875/0.293
=-37.12

* 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.


Mobi724 Global Solutions  (OTCPK:MOBIF) 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%.


Mobi724 Global Solutions Equity-to-Asset Related Terms

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Mobi724 Global Solutions (Mobi724 Global Solutions) Business Description

Traded in Other Exchanges
N/A
Address
257 Rue Sherbrooke Est, Suite 400, Montreal, QC, CAN, H2X 1E3
Mobi724 Global Solutions Inc is a fintech company which provides a platform, that enables banks and merchants to offer their customers real-time payment card-linked incentives, in a white-label format. The company's objective is to add a layer of AI-driven actionable intelligence to every payment transaction, creating engaging consumer experiences and generating incremental commercial opportunities to its clients.

Mobi724 Global Solutions (Mobi724 Global Solutions) Headlines