GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Equity-to-Asset

SofTech (SofTech) Equity-to-Asset : 0.51 (As of Nov. 2016)


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

What is SofTech Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SofTech's Total Stockholders Equity for the quarter that ended in Nov. 2016 was $1.31 Mil. SofTech's Total Assets for the quarter that ended in Nov. 2016 was $2.58 Mil. Therefore, SofTech's Equity to Asset Ratio for the quarter that ended in Nov. 2016 was 0.51.

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

SOFT's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

SofTech Equity-to-Asset Historical Data

The historical data trend for SofTech'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.

SofTech Equity-to-Asset Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.18 0.19 0.04

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -0.19 -0.28 0.04 -0.41 0.51

Competitive Comparison of SofTech's Equity-to-Asset

For the Software - Application subindustry, SofTech'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.


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

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

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



SofTech 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.

SofTech's Equity to Asset Ratio for the fiscal year that ended in May. 2016 is calculated as

Equity to Asset (A: May. 2016 )=Total Stockholders Equity/Total Assets
=0.12/3.115
=0.04

SofTech's Equity to Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

Equity to Asset (Q: Nov. 2016 )=Total Stockholders Equity/Total Assets
=1.306/2.58
=0.51

* 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.


SofTech  (OTCPK:SOFT) 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%.


SofTech Equity-to-Asset Related Terms

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


SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

SofTech (SofTech) Headlines

No Headlines