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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Equity-to-Asset : -0.48 (As of Sep. 2023)


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What is Brite-Strike Tactical Illumination Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Brite-Strike Tactical Illumination Products's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.06 Mil. Brite-Strike Tactical Illumination Products's Total Assets for the quarter that ended in Sep. 2023 was $0.12 Mil. Therefore, Brite-Strike Tactical Illumination Products's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.48.

The historical rank and industry rank for Brite-Strike Tactical Illumination Products's Equity-to-Asset or its related term are showing as below:

BSTK' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.48   Med: 0.88   Max: 0.91
Current: -0.48

During the past 5 years, the highest Equity to Asset Ratio of Brite-Strike Tactical Illumination Products was 0.91. The lowest was -0.48. And the median was 0.88.

BSTK's Equity-to-Asset is ranked worse than
98.02% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs BSTK: -0.48

Brite-Strike Tactical Illumination Products Equity-to-Asset Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Equity-to-Asset Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
0.20 0.84 0.88 0.86 0.91

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 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 0.91 0.89 0.89 0.91 -0.48

Competitive Comparison of Brite-Strike Tactical Illumination Products's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Equity-to-Asset falls into.



Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=0.339/0.373
=0.91

Brite-Strike Tactical Illumination Products'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
=-0.057/0.12
=-0.48

* 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.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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%.


Brite-Strike Tactical Illumination Products Equity-to-Asset Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Headlines

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