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H.E.R.C. Products (H.E.R.C. Products) Equity-to-Asset : -0.13 (As of Jun. 2004)


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What is H.E.R.C. Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. H.E.R.C. Products's Total Stockholders Equity for the quarter that ended in Jun. 2004 was $-0.21 Mil. H.E.R.C. Products's Total Assets for the quarter that ended in Jun. 2004 was $1.63 Mil. Therefore, H.E.R.C. Products's Equity to Asset Ratio for the quarter that ended in Jun. 2004 was -0.13.

The historical rank and industry rank for H.E.R.C. Products's Equity-to-Asset or its related term are showing as below:

HERC's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

H.E.R.C. Products Equity-to-Asset Historical Data

The historical data trend for H.E.R.C. 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.

H.E.R.C. Products Equity-to-Asset Chart

H.E.R.C. Products Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.78 0.62 0.55 0.10

H.E.R.C. Products Quarterly Data
Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 0.25 0.03 0.10 0.06 -0.13

Competitive Comparison of H.E.R.C. Products's Equity-to-Asset

For the Specialty Chemicals subindustry, H.E.R.C. 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.


H.E.R.C. Products's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Equity-to-Asset falls into.



H.E.R.C. 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.

H.E.R.C. Products's Equity to Asset Ratio for the fiscal year that ended in Dec. 2003 is calculated as

Equity to Asset (A: Dec. 2003 )=Total Stockholders Equity/Total Assets
=0.163/1.685
=0.10

H.E.R.C. Products's Equity to Asset Ratio for the quarter that ended in Jun. 2004 is calculated as

Equity to Asset (Q: Jun. 2004 )=Total Stockholders Equity/Total Assets
=-0.208/1.629
=-0.13

* 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.


H.E.R.C. Products  (OTCPK:HERC) 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%.


H.E.R.C. Products Equity-to-Asset Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description

Traded in Other Exchanges
N/A
Address
1420 Columbus Avenue, Portsmouth, VA, USA, 23704
Executives
Robert W Affholder director
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704

H.E.R.C. Products (H.E.R.C. Products) Headlines