GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KonaTel Inc (OTCPK:KTEL) » Definitions » Equity-to-Asset

KonaTel (KonaTel) Equity-to-Asset : 0.62 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is KonaTel Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. KonaTel's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $5.34 Mil. KonaTel's Total Assets for the quarter that ended in Mar. 2024 was $8.55 Mil. Therefore, KonaTel's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

KTEL' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.09   Med: 0.25   Max: 0.76
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of KonaTel was 0.76. The lowest was -1.09. And the median was 0.25.

KTEL's Equity-to-Asset is ranked better than
80% of 390 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs KTEL: 0.62

KonaTel Equity-to-Asset Historical Data

The historical data trend for KonaTel'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.

KonaTel Equity-to-Asset Chart

KonaTel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.52 0.67 0.08 -0.63

KonaTel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.06 -0.29 -0.35 -0.63 0.62

Competitive Comparison of KonaTel's Equity-to-Asset

For the Telecom Services subindustry, KonaTel'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.


KonaTel's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KonaTel's Equity-to-Asset distribution charts can be found below:

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



KonaTel 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.

KonaTel'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
=-3.013/4.81
=-0.63

KonaTel's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=5.335/8.548
=0.62

* 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.


KonaTel  (OTCPK:KTEL) 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%.


KonaTel Equity-to-Asset Related Terms

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


KonaTel (KonaTel) Business Description

Traded in Other Exchanges
N/A
Address
500 N. Central Expressway, Suite 202, Plano, TX, USA, 75074
KonaTel Inc is a reseller of U.S. wireless network service. The company operates in two segments: Hosted Services and Mobile Services. The Hosted Services segment includes a suite of hosted CPaaS services, including SIP/VoIP services, SMS/MMS, BOT integration, NLP, ML, mobile numbers, toll-free numbers, DID landline numbers, SMS to Email, Database Dip, SD-WAN, wireless data services, voice termination, and numerous API driven services. The Mobile Services include retail and wholesale cellular voice/text/data services and mobile data (IoT). It generates maximum revenue from the Mobile Services segment.
Executives
Jason N. Welch officer: President of IM Telecom (Sub.) 135 LIBERTYVILLE ROAD, SUSSEX NJ 07461
Todd Murcer officer: EVP Finance and Secretary 9248 RAEFORD DRIVE, DALLAS TX 75243
Charles David Griffin officer: COO, President 2702 BLACK CANYON WAY, CASTLE ROCK CO 80109
David S Mcewen director, 10 percent owner, officer: Chairman, President and CEO 500 N. CENTRAL EXPRESSWAY, SUITE 202, PLANO TX 75074
Matthew Hugh Atkinson 10 percent owner, officer: Secretary P. O. BOX 947, CROSSLAKE MN 56442
Robert Matthew Beaty director 7960 S. FILLMORE CT., CENTENNIAL CO 80122
Kenneth Paul Lapier officer: Vice President, Secretary 8205 MUNICH DRIVE, ROWLETT TX 75089
Joshua Ploude 10 percent owner 728 CYPRESS AVE., HERMOSA BEACH CA 90254
Jeffrey Pearl director 35 WEST MAIN #6013, FRISCO CO 80443
Mark S Savage director, 10 percent owner, officer: President, CEO, Treasurer, CFO 13911 RIDGEDALE DRIVE, SUITE 375, MINNETONKA MN 55305
Terry Wain Addington director 376 S. SANDERLIN MOUNTAIN DR., 11774 BIG CANOE, JASPER GA 30143
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Brian R. Riffle officer: CFO 241 BENTWOOD AVENUE, JOHNSTOWN PA 15904
Daniel E. Ryweck director 712 VISTA BLVD #305, WACONIA MN 55387
Brunson Chandler & Jones Pllc 10 percent owner 175 SOUTH MAIN ST., SUITE 1500, SALT LAKE CITY UT 84111

KonaTel (KonaTel) Headlines

From GuruFocus

KonaTel Reports First Quarter 2022 Results

By PRNewswire PRNewswire 06-12-2022

KonaTel Reports First Quarter 2022 Results

By PRNewswire PRNewswire 06-22-2022

KonaTel Reports First Quarter 2023 Results

By ACCESSWIRE ACCESSWIRE 05-16-2023

KonaTel Reports Third Quarter 2021 Financial Results

By PRNewswire PRNewswire 11-10-2021

KonaTel Reports Second Quarter 2023 Results

By ACCESSWIRE 08-15-2023

KonaTel Reports Second Quarter 2021 Financial Results

By PRNewswire PRNewswire 08-09-2021