Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Intellinetics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $9.75 Mil. Intellinetics's Total Assets for the quarter that ended in Dec. 2023 was $19.03 Mil.
Therefore, Intellinetics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.
The historical rank and industry rank for Intellinetics's Equity-to-Asset or its related term are showing as below:
INLX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -11.05 Med: -1.46 Max: 0.51
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of Intellinetics was 0.51. The lowest was -11.05. And the median was -1.46.
INLX's Equity-to-Asset is ranked worse than 53.96% of 2850
companies
in the Software industry
Industry Median: 0.54
vs INLX: 0.51
Intellinetics Equity-to-Asset Historical Data
The historical data trend for Intellinetics'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.
Competitive Comparison of Intellinetics's Equity-to-Asset
For the Software - Application subindustry, Intellinetics'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.
Intellinetics's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, Intellinetics's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Intellinetics's Equity-to-Asset falls into.
Intellinetics 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.
Intellinetics's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Intellinetics Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Intellinetics's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Intellinetics (Intellinetics) Business Description
Intellinetics Inc is a document service and solutions software company serving both the small-to-medium business and governmental sectors. The company's digital transformation products and services are provided through two reporting segments: Document Management and Document Conversion. The Document Management segment consists primarily of solutions involving software platforms, which allow customers to capture and manage all documents across operations such as scanned hard-copy documents and all digital documents including those from Microsoft Office 365, digital images, audio, video, and emails. The company's Document Conversion offerings aid clients as a part of their overall document strategy to convert documents from one medium to another.
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