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Advanced Container Technologies (Advanced Container Technologies) Equity-to-Asset : 0.28 (As of Sep. 2022)


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What is Advanced Container Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advanced Container Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $1.29 Mil. Advanced Container Technologies's Total Assets for the quarter that ended in Sep. 2022 was $4.63 Mil. Therefore, Advanced Container Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.28.

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

ACTX's Equity-to-Asset is not ranked *
in the Packaging & Containers industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Advanced Container Technologies Equity-to-Asset Historical Data

The historical data trend for Advanced Container Technologies'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.

Advanced Container Technologies Equity-to-Asset Chart

Advanced Container Technologies Annual Data
Trend Jun00 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.76 0.53 0.36 0.44 0.48

Advanced Container Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.52 0.48 0.51 0.43 0.28

Competitive Comparison of Advanced Container Technologies's Equity-to-Asset

For the Packaging & Containers subindustry, Advanced Container Technologies'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.


Advanced Container Technologies's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advanced Container Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Advanced Container Technologies's Equity-to-Asset falls into.



Advanced Container Technologies 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.

Advanced Container Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=1.926/4.025
=0.48

Advanced Container Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=1.293/4.625
=0.28

* 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.


Advanced Container Technologies  (OTCPK:ACTX) 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%.


Advanced Container Technologies Equity-to-Asset Related Terms

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Advanced Container Technologies (Advanced Container Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1620 Commerce Street, Suite A, Corona, CA, USA, 92878
Advanced Container Technologies Inc is in the business of selling and marketing proprietary plastic medical grade containers in the United States. The company's flagship product is Medtainer, which can store grind and shred pharmaceuticals, herbs, teas, and other solids or liquids. It's another product is GrowPods, which are specially modified insulated shipping containers in which plants, herbs, and spices may be grown hydroponically in a controlled environment. Its other products include Humidity pack inserts, Plastic lighter holders, Jars, and Lighters.

Advanced Container Technologies (Advanced Container Technologies) Headlines