Cape Range (ASX:CAG) Equity-to-Asset : 0.81 (As of Dec. 2023)

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What is Cape Range Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cape Range's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1.72 Mil. Cape Range's Total Assets for the quarter that ended in Dec. 2023 was A$2.13 Mil. Therefore, Cape Range's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

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

ASX:CAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81 Med: 0.87 Max: 0.93
Current: 0.81

During the past 7 years, the highest Equity to Asset Ratio of Cape Range was 0.93. The lowest was 0.81. And the median was 0.87.

ASX:CAG's Equity-to-Asset is ranked better than
85.54% of 2850 companies
in the Software industry
Industry Median: 0.55 vs ASX:CAG: 0.81

Cape Range Equity-to-Asset Historical Data

The historical data trend for Cape Range'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.

Cape Range Equity-to-Asset Chart

Cape Range Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.89

0.87

0.84

0.81

Cape Range Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.87	0.85	0.84	0.81	0.81

Competitive Comparison of Cape Range's Equity-to-Asset

For the Software - Application subindustry, Cape Range'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.

Cape Range's Equity-to-Asset Distribution in the Software Industry

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

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

Cape Range 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.

Cape Range'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
	=	1.721	/	2.131
	=	0.81

Cape Range'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
	=	1.721	/	2.131
	=	0.81

Cape Range (ASX:CAG) 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%.

Cape Range Equity-to-Asset Related Terms

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

Cape Range (ASX:CAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cape Range Ltd (ASX:CAG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Prestwick Drive, Twin Waters, Maroochydore, QLD, AUS, 4564

Website

https://www.caperange.com.au

Cape Range Ltd is engaged in providing accounting and business intelligence software solutions. Its software solutions cater mainly to small and medium enterprises. It derives revenue from Sales of packaged accounting and business management software, including the warehouse management system. Geographically solutions are offered in Australia and Malaysia.