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Corporate Universe (Corporate Universe) Equity-to-Asset : -1.03 (As of Sep. 2023)


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What is Corporate Universe Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Corporate Universe's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-2.57 Mil. Corporate Universe's Total Assets for the quarter that ended in Sep. 2023 was $2.50 Mil.

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

COUV' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.28   Med: -0.6   Max: -0.02
Current: -1.03

During the past 5 years, the highest Equity to Asset Ratio of Corporate Universe was -0.02. The lowest was -1.28. And the median was -0.60.

COUV's Equity-to-Asset is ranked worse than
98.68% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs COUV: -1.03

Corporate Universe Equity-to-Asset Historical Data

The historical data trend for Corporate Universe'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.

Corporate Universe Equity-to-Asset Chart

Corporate Universe Annual Data
Trend Mar00 Mar01 Dec20 Dec21 Dec22
Equity-to-Asset
-3.44 -7.25 -0.02 -0.29 -0.60

Corporate Universe Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.76 -0.60 -0.96 -1.28 -1.03

Competitive Comparison of Corporate Universe's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Corporate Universe'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.


Corporate Universe's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Corporate Universe's Equity-to-Asset distribution charts can be found below:

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



Corporate Universe 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.

Corporate Universe'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
=-1.442/2.42
=

Corporate Universe'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
=-2.569/2.5
=

* 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.


Corporate Universe  (OTCPK:COUV) 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%.


Corporate Universe Equity-to-Asset Related Terms

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


Corporate Universe (Corporate Universe) Business Description

Traded in Other Exchanges
N/A
Address
2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431
Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.

Corporate Universe (Corporate Universe) Headlines