GPO Plus (GPO Plus) Equity-to-Asset : -4.62 (As of Jan. 2024)

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What is GPO Plus Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GPO Plus's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-5.74 Mil. GPO Plus's Total Assets for the quarter that ended in Jan. 2024 was $1.24 Mil. Therefore, GPO Plus's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -4.62.

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

GPOX' s Equity-to-Asset Range Over the Past 10 Years
Min: -92.64 Med: -3.99 Max: 0.94
Current: -4.62

During the past 8 years, the highest Equity to Asset Ratio of GPO Plus was 0.94. The lowest was -92.64. And the median was -3.99.

GPOX's Equity-to-Asset is ranked worse than
98.63% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs GPOX: -4.62

GPO Plus Equity-to-Asset Historical Data

The historical data trend for GPO Plus'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.

GPO Plus Equity-to-Asset Chart

GPO Plus Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Equity-to-Asset

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-3.15

0.69

-16.96

-5.88

-6.55

GPO Plus Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															-5.57	-6.55	-5.58	-6.20	-4.62

Competitive Comparison of GPO Plus's Equity-to-Asset

For the Specialty Business Services subindustry, GPO Plus'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.

GPO Plus's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GPO Plus's Equity-to-Asset distribution charts can be found below:

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

GPO Plus 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.

GPO Plus's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-3.863	/	0.59
	=	-6.55

GPO Plus's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-5.736	/	1.241
	=	-4.62

GPO Plus (OTCPK:GPOX) 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%.

GPO Plus Equity-to-Asset Related Terms

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

GPO Plus (GPO Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GPO Plus Inc (OTCPK:GPOX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3571 E. Sunset Road, Suite 300, Las Vegas, NV, USA, 89120

Website

https://www.gpoplus.com

GPO Plus Inc is a fully reporting global holding company of industry-specific Group Purchasing Organizations (GPO). The company's main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOPlus+ offers professional services through GPOPRO Services. The Company's business is organized around four key areas which are products (developing and manufacturing), distribution (getting our products to customers), marketing (promoting our products), and sales (selling our products to consumers and retailers).