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OneSoft Solutions (TSXV:OSS) Equity-to-Asset : 0.43 (As of Dec. 2023)


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What is OneSoft Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OneSoft Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.08 Mil. OneSoft Solutions's Total Assets for the quarter that ended in Dec. 2023 was C$7.14 Mil. Therefore, OneSoft Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.43.

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

TSXV:OSS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.06   Med: 0.66   Max: 0.85
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of OneSoft Solutions was 0.85. The lowest was -0.06. And the median was 0.66.

TSXV:OSS's Equity-to-Asset is ranked worse than
63.57% of 2852 companies
in the Software industry
Industry Median: 0.55 vs TSXV:OSS: 0.43

OneSoft Solutions Equity-to-Asset Historical Data

The historical data trend for OneSoft Solutions'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.

OneSoft Solutions Equity-to-Asset Chart

OneSoft Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.85 0.71 0.46 0.43

OneSoft Solutions 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 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 0.46 0.29 0.33 0.34 0.43

Competitive Comparison of OneSoft Solutions's Equity-to-Asset

For the Software - Application subindustry, OneSoft Solutions'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.


OneSoft Solutions's Equity-to-Asset Distribution in the Software Industry

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

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



OneSoft Solutions 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.

OneSoft Solutions'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
=3.081/7.142
=0.43

OneSoft Solutions'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
=3.081/7.142
=0.43

* 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.


OneSoft Solutions  (TSXV:OSS) 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%.


OneSoft Solutions Equity-to-Asset Related Terms

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


OneSoft Solutions (TSXV:OSS) Business Description

Traded in Other Exchanges
Address
10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6
OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..
Executives
David Shong-tak Tam Senior Officer