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QuantGate Systems (QuantGate Systems) Equity-to-Asset : -3.77 (As of Nov. 2023)


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What is QuantGate Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. QuantGate Systems's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $-3.43 Mil. QuantGate Systems's Total Assets for the quarter that ended in Nov. 2023 was $0.91 Mil. Therefore, QuantGate Systems's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was -3.77.

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

QGSI' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.77   Med: 0.25   Max: 0.8
Current: -3.77

During the past 11 years, the highest Equity to Asset Ratio of QuantGate Systems was 0.80. The lowest was -3.77. And the median was 0.25.

QGSI's Equity-to-Asset is ranked worse than
97.57% of 2836 companies
in the Software industry
Industry Median: 0.55 vs QGSI: -3.77

QuantGate Systems Equity-to-Asset Historical Data

The historical data trend for QuantGate Systems'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.

QuantGate Systems Equity-to-Asset Chart

QuantGate Systems Annual Data
Trend May11 May12 May13 May14 May15 May16 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.57 -0.76 -1.67 -3.30

QuantGate Systems Quarterly Data
Feb16 May16 Aug16 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -2.98 -3.02 -3.30 -3.74 -3.77

Competitive Comparison of QuantGate Systems's Equity-to-Asset

For the Software - Application subindustry, QuantGate Systems'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.


QuantGate Systems's Equity-to-Asset Distribution in the Software Industry

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

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



QuantGate Systems 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.

QuantGate Systems's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=-3.123/0.946
=-3.30

QuantGate Systems's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=-3.434/0.91
=-3.77

* 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.


QuantGate Systems  (OTCPK:QGSI) 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%.


QuantGate Systems Equity-to-Asset Related Terms

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


QuantGate Systems (QuantGate Systems) Business Description

Traded in Other Exchanges
N/A
Address
99 Wall Street, Suite 1701, New York, NY, USA, 10005
QuantGate Systems Inc is a Fintech company, developing Artificial Intelligence, Machine Learning and big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. Pilot Trading is a wholly owned subsidiary of the company. Its core intelligence identifies investment opportunities across multiple asset classes, rooted in the financial markets, and for cryptocurrency exchanges, enabling valued clients to make better informed investment decisions. Turnkey solutions and efficient API's, founded on robust and scalable SaaS architecture, allow third party integration for onboarding existing users, and scaling globally.
Executives
Jack J. Bensimon officer: Chief Executive Officer 34 KING ST. E. SUITE 1010, TORONTO A6 M5C 2X8
Ontario 1476448 10 percent owner 1927 SHELLARD ROAD, CAMBRIDGE A6 N1R 5S7
Murray Simser officer: CEO and President C/O MOBILE INTEGRATED SYSTEMS, INC., 25 ADELAIDE STREET EAST, SUITE 502, TORONTO A6 M5C 3A1
Benjamin Chesir other: Former Director ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Richard Schaeffer other: Former Director C/O LIQUID HOLDINGS GROUP, INC., 800 THIRD AVE., 39TH FLOOR, NEW YORK NY 10022
Emlyn David director, officer: Chief Executive Officer SUITE 502, 25 ADELAIDE STREET, TORONTO A6 M5C 3A1
James Mcgovern other: Former Director C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
Fulvio Ciano officer: President and CTO 142 BANFF RD., TORONTO A6 M4P 2P7
Todd Halpern director C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
2238646 Ontario Inc. 10 percent owner 23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Alan Ralph director 48 ROYAL HENLEY BLVD., ST. CATHARINES A6 L2N4S1
J Trevor Eyton director PO BOX 723040, ATLANTA GA 30339
Baker A. Stephen officer: Chief Technology Officer 2361 SOUTHCOTT ROAD, PICKERING A6 L1X 2T3
Jason Randall Barrs director 23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Donald Ziraldo director 15468 NIAGARA PARKWAY, NIAGARA ON THE LAKE A6 L0S 1J0