IRESS (IRSMF) Equity-to-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is IRESS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IRESS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $182.07 Mil. IRESS's Total Assets for the quarter that ended in Dec. 2023 was $530.27 Mil. Therefore, IRESS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

IRSMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34 Med: 0.55 Max: 0.61
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of IRESS was 0.61. The lowest was 0.34. And the median was 0.55.

IRSMF's Equity-to-Asset is ranked worse than
72.87% of 2849 companies
in the Software industry
Industry Median: 0.54 vs IRSMF: 0.34

IRESS Equity-to-Asset Historical Data

The historical data trend for IRESS'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.

IRESS Equity-to-Asset Chart

IRESS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.52

0.59

0.52

0.43

0.34

IRESS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.52	0.46	0.43	0.30	0.34

Competitive Comparison of IRESS's Equity-to-Asset

For the Software - Application subindustry, IRESS'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.

IRESS's Equity-to-Asset Distribution in the Software Industry

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

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

IRESS 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.

IRESS'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
	=	182.068	/	530.266
	=	0.34

IRESS'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
	=	182.068	/	530.266
	=	0.34

IRESS (OTCPK:IRSMF) 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%.

IRESS Equity-to-Asset Related Terms

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

IRESS (IRSMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRESS Ltd (OTCPK:IRSMF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

IRE:Australia

Address

385 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.iress.com

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core APAC business and divesting/monetizing noncore businesses. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.