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Titan Logix (TSXV:TLA) Equity-to-Asset

: 0.92 (As of Feb. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Titan Logix's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$16.75 Mil. Titan Logix's Total Assets for the quarter that ended in Feb. 2024 was C$18.22 Mil. Therefore, Titan Logix's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.92.

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

TSXV:TLA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.95   Max: 0.98
Current: 0.93

During the past 13 years, the highest Equity to Asset Ratio of Titan Logix was 0.98. The lowest was 0.89. And the median was 0.95.

TSXV:TLA's Equity-to-Asset is ranked better than
98.15% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSXV:TLA: 0.93

Titan Logix Equity-to-Asset Historical Data

The historical data trend for Titan Logix'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.

Titan Logix Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.94 0.96 0.95 0.92

Titan Logix Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.96 0.95 0.92 0.93 0.92

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Titan Logix'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.


Titan Logix Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Titan Logix's Equity-to-Asset distribution charts can be found below:

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



Titan Logix 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.

Titan Logix's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=16.878/18.347
=0.92

Titan Logix's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=16.749/18.219
=0.92

* 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.


Titan Logix  (TSXV:TLA) 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%.


Titan Logix Equity-to-Asset Related Terms

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


Titan Logix (TSXV:TLA) Business Description

Traded in Other Exchanges
Address
4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.

Titan Logix (TSXV:TLA) Headlines

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