Openn Negotiation (ASX:OPN) Equity-to-Asset : 0.62 (As of Dec. 2023)

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What is Openn Negotiation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Openn Negotiation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$0.79 Mil. Openn Negotiation's Total Assets for the quarter that ended in Dec. 2023 was A$1.28 Mil. Therefore, Openn Negotiation's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

ASX:OPN' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.39 Med: 0.76 Max: 0.97
Current: 0.62

During the past 1 years, the highest Equity to Asset Ratio of Openn Negotiation was 0.97. The lowest was -0.39. And the median was 0.76.

ASX:OPN's Equity-to-Asset is ranked better than
73.47% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs ASX:OPN: 0.62

Openn Negotiation Equity-to-Asset Historical Data

The historical data trend for Openn Negotiation'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.

Openn Negotiation Equity-to-Asset Chart

Openn Negotiation Annual Data

Trend

Jun22

Equity-to-Asset

0.81

Openn Negotiation Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.91	0.81	0.70	-0.39	0.62

Competitive Comparison of Openn Negotiation's Equity-to-Asset

For the Real Estate Services subindustry, Openn Negotiation'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.

Openn Negotiation's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Equity-to-Asset distribution charts can be found below:

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

Openn Negotiation 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.

Openn Negotiation's Equity to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Equity to Asset (A: Jun. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	3.813	/	4.704
	=	0.81

Openn Negotiation'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
	=	0.788	/	1.278
	=	0.62

Openn Negotiation (ASX:OPN) 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%.

Openn Negotiation Equity-to-Asset Related Terms

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

Openn Negotiation (ASX:OPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Openn Negotiation Ltd (ASX:OPN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910

Website

https://www.openn.com.au

Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

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