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Quisitive Technology Solutions (TSXV:QUIS) Equity-to-Asset : 0.64 (As of Sep. 2023)


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What is Quisitive Technology Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quisitive Technology Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$275.4 Mil. Quisitive Technology Solutions's Total Assets for the quarter that ended in Sep. 2023 was C$430.0 Mil. Therefore, Quisitive Technology Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.64.

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

TSXV:QUIS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03   Med: 0.64   Max: 1
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Quisitive Technology Solutions was 1.00. The lowest was -0.03. And the median was 0.64.

TSXV:QUIS's Equity-to-Asset is ranked better than
63.39% of 2849 companies
in the Software industry
Industry Median: 0.54 vs TSXV:QUIS: 0.64

Quisitive Technology Solutions Equity-to-Asset Historical Data

The historical data trend for Quisitive Technology 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.

Quisitive Technology Solutions Equity-to-Asset Chart

Quisitive Technology Solutions 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 -0.03 0.42 0.59 0.62 -

Quisitive Technology 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 0.62 0.62 0.63 0.64 -

Competitive Comparison of Quisitive Technology Solutions's Equity-to-Asset

For the Information Technology Services subindustry, Quisitive Technology 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.


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

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

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



Quisitive Technology 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.

Quisitive Technology Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=273.781/445.5
=0.61

Quisitive Technology Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=275.447/430.019
=0.64

* 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.


Quisitive Technology Solutions  (TSXV:QUIS) 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%.


Quisitive Technology Solutions Equity-to-Asset Related Terms

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


Quisitive Technology Solutions (TSXV:QUIS) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1
Quisitive Technology Solutions Inc is a Microsoft solutions provider. It offers Microsoft Azure, Microsoft Dynamics business applications and Microsoft O365 as well as proprietary Software as a Service (SaaS) solutions such as CRG emPerform, LedgerPay, and business solutions from other technology partners that complement the Microsoft platform. Its operating segments are Global Cloud Solutions and Global Payment Processing Solutions. Global Cloud Solutions segment contributes majorly in terms of revenue. The company has a business presence in the US and Canada, of which prime revenue is derived from the USA.

Quisitive Technology Solutions (TSXV:QUIS) Headlines

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