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Where Food Comes From (Where Food Comes From) Equity-to-Asset : 0.62 (As of Mar. 2024)


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What is Where Food Comes From Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Where Food Comes From's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $9.58 Mil. Where Food Comes From's Total Assets for the quarter that ended in Mar. 2024 was $15.39 Mil. Therefore, Where Food Comes From's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.62.

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

WFCF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.68   Max: 0.86
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Where Food Comes From was 0.86. The lowest was 0.57. And the median was 0.68.

WFCF's Equity-to-Asset is ranked better than
60.2% of 2849 companies
in the Software industry
Industry Median: 0.54 vs WFCF: 0.62

Where Food Comes From Equity-to-Asset Historical Data

The historical data trend for Where Food Comes From'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.

Where Food Comes From Equity-to-Asset Chart

Where Food Comes From Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.64 0.70 0.68 0.66

Where Food Comes From 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 0.66 0.63 0.62 0.66 0.62

Competitive Comparison of Where Food Comes From's Equity-to-Asset

For the Software - Application subindustry, Where Food Comes From'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.


Where Food Comes From's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Where Food Comes From's Equity-to-Asset falls into.



Where Food Comes From 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.

Where Food Comes From'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
=10.819/16.286
=0.66

Where Food Comes From'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
=9.576/15.393
=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.


Where Food Comes From  (NAS:WFCF) 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%.


Where Food Comes From Equity-to-Asset Related Terms

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


Where Food Comes From (Where Food Comes From) Business Description

Traded in Other Exchanges
N/A
Address
202 6th Street, Suite 400, Castle Rock, CO, USA, 80104
Where Food Comes From Inc is a third-party food verification company. It offers food production audits and uses verification processes to ensure that claims made by food producers and processors are accurate. The company supports farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations and restaurants with a wide variety of value-added services provided through its family of verifiers, including IMI Global, International Certification Services, Validus Verification Services, and others. The company operates in two segments that are verification and certification and Software Sales and Related Consulting.
Executives
Dannette Henning officer: CFO 221 WILCOX STREET, SUITE A, CASTLE ROCK CO 80104
Pete Lapaseotes director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Michael Duane Smith director, 10 percent owner 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
John K Saunders director, officer: CEO 221 WILCOX STREET #A, CASTLE ROCK CO 80104
Leann Saunders director, officer: President 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Tom Heinen director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Gary Chester Smith director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Adam Larson director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104
Robert Vanschoick director 221 WILCOX ST., SUITE A, CASTLE ROCK CO 80104

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