GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Equity-to-Asset

Athena Bitcoin Global (Athena Bitcoin Global) Equity-to-Asset : 0.22 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Athena Bitcoin Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Athena Bitcoin Global's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.93 Mil. Athena Bitcoin Global's Total Assets for the quarter that ended in Sep. 2023 was $36.78 Mil. Therefore, Athena Bitcoin Global's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.22.

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

ABIT' s Equity-to-Asset Range Over the Past 10 Years
Min: -154.4   Med: -143.46   Max: 0.22
Current: 0.22

During the past 11 years, the highest Equity to Asset Ratio of Athena Bitcoin Global was 0.22. The lowest was -154.40. And the median was -143.46.

ABIT's Equity-to-Asset is ranked worse than
73.48% of 807 companies
in the Capital Markets industry
Industry Median: 0.5 vs ABIT: 0.22

Athena Bitcoin Global Equity-to-Asset Historical Data

The historical data trend for Athena Bitcoin Global'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.

Athena Bitcoin Global Equity-to-Asset Chart

Athena Bitcoin Global Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Athena Bitcoin Global Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 Sep23
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 - -154.40 -143.46 - 0.22

Competitive Comparison of Athena Bitcoin Global's Equity-to-Asset

For the Capital Markets subindustry, Athena Bitcoin Global'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.


Athena Bitcoin Global's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Athena Bitcoin Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Athena Bitcoin Global's Equity-to-Asset falls into.



Athena Bitcoin Global 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.

Athena Bitcoin Global's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=-1.414/0
=

Athena Bitcoin Global's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=7.928/36.783
=0.22

* 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.


Athena Bitcoin Global  (OTCPK:ABIT) 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%.


Athena Bitcoin Global Equity-to-Asset Related Terms

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


Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Traded in Other Exchanges
N/A
Address
1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642
Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

From GuruFocus

GamePlan Inc. Announces Acquisition of Athena Bitcoin Inc.

By Marketwired Marketwired 02-04-2020