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Identillect Technologies (STU:8ID) Equity-to-Asset : -10.72 (As of Sep. 2023)


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What is Identillect Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Identillect Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €-1.14 Mil. Identillect Technologies's Total Assets for the quarter that ended in Sep. 2023 was €0.11 Mil. Therefore, Identillect Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -10.72.

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

STU:8ID' s Equity-to-Asset Range Over the Past 10 Years
Min: -63.83   Med: -10.31   Max: 0.4
Current: -10.72

During the past 13 years, the highest Equity to Asset Ratio of Identillect Technologies was 0.40. The lowest was -63.83. And the median was -10.31.

STU:8ID's Equity-to-Asset is ranked worse than
98.73% of 2841 companies
in the Software industry
Industry Median: 0.55 vs STU:8ID: -10.72

Identillect Technologies Equity-to-Asset Historical Data

The historical data trend for Identillect Technologies'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.

Identillect Technologies Equity-to-Asset Chart

Identillect Technologies Annual Data
Trend Jul13 Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.42 -7.57 -14.67 -14.88 -4.70

Identillect Technologies 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 -11.22 -4.70 -8.76 -9.90 -10.72

Competitive Comparison of Identillect Technologies's Equity-to-Asset

For the Software - Application subindustry, Identillect Technologies'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.


Identillect Technologies's Equity-to-Asset Distribution in the Software Industry

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

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



Identillect Technologies 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.

Identillect Technologies'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
=-0.87/0.185
=-4.70

Identillect Technologies'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
=-1.136/0.106
=-10.72

* 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.


Identillect Technologies  (STU:8ID) 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%.


Identillect Technologies Equity-to-Asset Related Terms

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


Identillect Technologies (STU:8ID) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
Identillect Technologies Corp is a software development company that design and developed an email encryption software solution to protect critical information. The company offers a Delivery trust service; which is an email security solution, designed for small and medium-sized businesses. The company serves Accounting, Education Professionals, Financial, Legal, Medical, Real Estate, and Resource industries.

Identillect Technologies (STU:8ID) Headlines

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