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Coveo Solutions (Coveo Solutions) Equity-to-Asset : 0.65 (As of Dec. 2023)


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What is Coveo Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coveo Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $180.4 Mil. Coveo Solutions's Total Assets for the quarter that ended in Dec. 2023 was $277.8 Mil. Therefore, Coveo Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.65.

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

CVOSF' s Equity-to-Asset Range Over the Past 10 Years
Min: -5.56   Med: 0.69   Max: 0.77
Current: 0.65

During the past 5 years, the highest Equity to Asset Ratio of Coveo Solutions was 0.77. The lowest was -5.56. And the median was 0.69.

CVOSF's Equity-to-Asset is ranked better than
64.67% of 2850 companies
in the Software industry
Industry Median: 0.54 vs CVOSF: 0.65

Coveo Solutions Equity-to-Asset Historical Data

The historical data trend for Coveo 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.

Coveo Solutions Equity-to-Asset Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
- -1.97 -5.15 0.74 0.71

Coveo Solutions Quarterly Data
Mar19 Mar20 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 0.72 0.71 0.60 0.67 0.65

Competitive Comparison of Coveo Solutions's Equity-to-Asset

For the Software - Infrastructure subindustry, Coveo 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.


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

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

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



Coveo 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.

Coveo Solutions's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=218.533/308.818
=0.71

Coveo Solutions'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
=180.373/277.845
=0.65

* 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.


Coveo Solutions  (OTCPK:CVOSF) 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%.


Coveo Solutions Equity-to-Asset Related Terms

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


Coveo Solutions (Coveo Solutions) Business Description

Traded in Other Exchanges
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.