Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cyclo Therapeutics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.76 Mil. Cyclo Therapeutics's Total Assets for the quarter that ended in Dec. 2023 was $13.25 Mil.
Therefore, Cyclo Therapeutics's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.
The historical rank and industry rank for Cyclo Therapeutics's Equity-to-Asset or its related term are showing as below:
CYTH'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.64 Max: 0.83
Current: 0.36
During the past 13 years, the highest Equity to Asset Ratio of Cyclo Therapeutics was 0.83. The lowest was 0.17. And the median was 0.64.
CYTH's Equity-to-Asset is ranked worse than 76.22% of 1085
companies
in the Drug Manufacturers industry
Industry Median: 0.59
vs CYTH: 0.36
Cyclo Therapeutics Equity-to-Asset Historical Data
The historical data trend for Cyclo Therapeutics'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.
Competitive Comparison of Cyclo Therapeutics's Equity-to-Asset
For the Drug Manufacturers - Specialty & Generic subindustry, Cyclo Therapeutics'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.
Cyclo Therapeutics's Equity-to-Asset Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Cyclo Therapeutics's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Cyclo Therapeutics's Equity-to-Asset falls into.
Cyclo Therapeutics 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.
Cyclo Therapeutics's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Cyclo Therapeutics Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Cyclo Therapeutics's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Cyclo Therapeutics (Cyclo Therapeutics) Business Description
Cyclo Therapeutics Inc is a clinical-stage biotechnology firm. The company develops cyclodextrin-based products for the treatment of disease. Its drug candidate, Trappsol Cyclo, treats Niemann-Pick Type C disease (NPC). Its other products include Trappsol HPB, Trappsol Fine Chemical, and Aquaplex.
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