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WidePoint (WidePoint) Equity-to-Asset

: 0.29 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WidePoint's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.7 Mil. WidePoint's Total Assets for the quarter that ended in Dec. 2023 was $51.3 Mil. Therefore, WidePoint's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

WYY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.53   Max: 0.68
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of WidePoint was 0.68. The lowest was 0.29. And the median was 0.53.

WYY's Equity-to-Asset is ranked worse than
77.7% of 2839 companies
in the Software industry
Industry Median: 0.55 vs WYY: 0.29

WidePoint Equity-to-Asset Historical Data

The historical data trend for WidePoint'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.

WidePoint Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.40 0.55 0.36 0.29

WidePoint Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.36 0.35 0.31 0.32 0.29

Competitive Comparison

For the Information Technology Services subindustry, WidePoint'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.


WidePoint Equity-to-Asset Distribution

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

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



WidePoint 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.

WidePoint'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
=14.677/51.3
=0.29

WidePoint'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
=14.677/51.3
=0.29

* 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.


WidePoint  (AMEX:WYY) 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%.


WidePoint Equity-to-Asset Related Terms

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


WidePoint (WidePoint) Business Description

Traded in Other Exchanges
Address
11250 Waples Mill Road, Suite 210, South Tower, Fairfax, VA, USA, 22030
WidePoint Corp is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution. Its solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Geographic regions are North America and Europe, and the majority of the revenue comes from North America.
Executives
James Bernard Rice director 11250 WAPLES MILL ROAD, SOUTH TOWER, SUITE 210, FAIRFAX VA 22030
Julia A Bowen director 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22012
Ian Sparling officer: CEO, Soft-Ex 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Robert J George officer: Chief Financial Officer
John J Fitzgerald director 2000 EDMUND HALLEY DR, RESTON VA 20191
Jason Holloway officer: EVP and Chief Sales and Market C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Todd Dzyak officer: COO 11250 WAPLES MILL ROAD, SOUTH TOWER 210, FAIRFAX VA 22030
Philip N Garfinkle director C/O WIDEPOINT CORPORATION, 11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Jin Kang officer: President - iSYS, LLC 1163 DALEVIEW DRIVE, MCLEAN VA 22102
Otto J Guenther director 8611 CROSS OAKS LN, FAIRFAX STATION VA 22039
Richard L Todaro director C/O GREAT AMERICAN GROUP, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Kellie H Kim officer: Chief Financial Officer 11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Morton S Taubman director 1201 FIFTEENTH STREET, N.W., SECOND FLOOR, WASHINGTON DC 20005
Kito Mussa officer: Interim CFO C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102