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Hestia Insight (Hestia Insight) Equity-to-Asset : 0.72 (As of Feb. 2024)


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What is Hestia Insight Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hestia Insight's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $0.15 Mil. Hestia Insight's Total Assets for the quarter that ended in Feb. 2024 was $0.21 Mil. Therefore, Hestia Insight's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.72.

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

HSTA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72   Med: 0.92   Max: 0.95
Current: 0.72

During the past 2 years, the highest Equity to Asset Ratio of Hestia Insight was 0.95. The lowest was 0.72. And the median was 0.92.

HSTA's Equity-to-Asset is ranked better than
73.67% of 2849 companies
in the Software industry
Industry Median: 0.54 vs HSTA: 0.72

Hestia Insight Equity-to-Asset Historical Data

The historical data trend for Hestia Insight'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.

Hestia Insight Equity-to-Asset Chart

Hestia Insight Annual Data
Trend Nov22 Nov23
Equity-to-Asset
0.95 0.92

Hestia Insight Quarterly Data
Feb22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
Equity-to-Asset Get a 7-Day Free Trial 0.95 0.95 0.88 0.92 0.72

Competitive Comparison of Hestia Insight's Equity-to-Asset

For the Software - Application subindustry, Hestia Insight'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.


Hestia Insight's Equity-to-Asset Distribution in the Software Industry

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

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



Hestia Insight 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.

Hestia Insight's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=0.178/0.194
=0.92

Hestia Insight's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=0.153/0.214
=0.71

* 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.


Hestia Insight  (OTCPK:HSTA) 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%.


Hestia Insight Equity-to-Asset Related Terms

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Hestia Insight (Hestia Insight) Business Description

Traded in Other Exchanges
N/A
Address
400 S. 4th Street, Suite 500, Las Vegas, NV, USA, 89101
Hestia Insight Inc provides strategic consulting and capital market advisory services for micro, small and medium-sized companies in the healthcare, biotech and fintech sectors. It also provides access to seed capital and mezzanine funding for qualified emerging companies in these industries. The firm derives all of its revenue from consulting services.