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ABCO Energy (ABCO Energy) Equity-to-Asset : -1.47 (As of Dec. 2022)


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What is ABCO Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ABCO Energy's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-1.66 Mil. ABCO Energy's Total Assets for the quarter that ended in Dec. 2022 was $1.13 Mil. Therefore, ABCO Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was -1.47.

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

ABCE's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.63
* Ranked among companies with meaningful Equity-to-Asset only.

ABCO Energy Equity-to-Asset Historical Data

The historical data trend for ABCO Energy'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.

ABCO Energy Equity-to-Asset Chart

ABCO Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.60 -2.02 -1.95 -2.02 -1.47

ABCO Energy Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.02 -2.31 -1.26 -1.59 -1.47

Competitive Comparison of ABCO Energy's Equity-to-Asset

For the Solar subindustry, ABCO Energy'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.


ABCO Energy's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ABCO Energy's Equity-to-Asset distribution charts can be found below:

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



ABCO Energy 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.

ABCO Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-1.656/1.127
=-1.47

ABCO Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-1.656/1.127
=-1.47

* 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.


ABCO Energy  (OTCPK:ABCE) 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%.


ABCO Energy Equity-to-Asset Related Terms

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


ABCO Energy (ABCO Energy) Business Description

Traded in Other Exchanges
N/A
Address
2505 N. Alvernon Way, Tucson, AZ, USA, 85712
ABCO Energy Inc is engaged in is in the Photo Voltaic (PV) solar systems industry, the LED and energy-efficient commercial lighting business and is an electrical product and services supplier. It sells and installs Solar Photovoltaic electric systems that allow the customer to produce their own power on their residence or business property. These products are installed by its crews and are purchased from both USA and offshore manufacturers. It has available and utilizes many suppliers of US-manufactured solar products from such companies as Mia Soleil, Canadian Solar, Westinghouse Solar and various Italian, Korean, German and Chinese suppliers. It offers solar leasing and long-term financing programs that are offered to ABCO customers and other marketing and installation organizations.
Executives
Charles Kristofer O'dowd director, officer: President & CEO 6610 E. GHOST FLOWER, TUCSON AZ 85750
Wayne Marx director, officer: Secretary 7700 KNIGHTHOOD LANE, WILLIAMS AZ 86046