GURUFOCUS.COM » STOCK LIST » Technology » Software » TELUS International (Cda) Inc (TSX:TIXT) » Definitions » Equity-to-Asset

TELUS International (Cda) (TSX:TIXT) Equity-to-Asset : 0.42 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is TELUS International (Cda) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TELUS International (Cda)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2,733 Mil. TELUS International (Cda)'s Total Assets for the quarter that ended in Dec. 2023 was C$6,471 Mil. Therefore, TELUS International (Cda)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.42.

The historical rank and industry rank for TELUS International (Cda)'s Equity-to-Asset or its related term are showing as below:

TSX:TIXT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 0.52
Current: 0.42

During the past 7 years, the highest Equity to Asset Ratio of TELUS International (Cda) was 0.52. The lowest was 0.21. And the median was 0.36.

TSX:TIXT's Equity-to-Asset is ranked worse than
65.3% of 2836 companies
in the Software industry
Industry Median: 0.55 vs TSX:TIXT: 0.42

TELUS International (Cda) Equity-to-Asset Historical Data

The historical data trend for TELUS International (Cda)'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.

TELUS International (Cda) Equity-to-Asset Chart

TELUS International (Cda) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.21 0.30 0.46 0.52 0.42

TELUS International (Cda) Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.52 0.40 0.40 - 0.42

Competitive Comparison of TELUS International (Cda)'s Equity-to-Asset

For the Software - Infrastructure subindustry, TELUS International (Cda)'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.


TELUS International (Cda)'s Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, TELUS International (Cda)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TELUS International (Cda)'s Equity-to-Asset falls into.



TELUS International (Cda) 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.

TELUS International (Cda)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2732.839/6470.537
=0.42

TELUS International (Cda)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2732.839/6470.537
=0.42

* 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.


TELUS International (Cda)  (TSX:TIXT) 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%.


TELUS International (Cda) Equity-to-Asset Related Terms

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


TELUS International (Cda) (TSX:TIXT) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Floor 7, Vancouver, BC, CAN, V6B 0M3
TELUS International (Cda) Inc is a digital customer experience innovator that designs, builds, and delivers next-generation solutions. Its clients include companies across several verticals, including Tech and Games, eCommerce and FinTech, Banking, Financial Services and Insurance, Communications and Media, and Travel and Hospitality. The solutions offered by the company include Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services. Geographically, it derives a majority of its revenue from the European region.

TELUS International (Cda) (TSX:TIXT) Headlines

From GuruFocus

Introducing SPACE by TELUS International

By Business Wire Business Wire 12-14-2022

TELUS International to host Investor Day on February 16, 2023

By Business Wire Business Wire 01-19-2023