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HNO International (HNO International) Equity-to-Asset : -0.41 (As of Jan. 2024)


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What is HNO International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HNO International's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.49 Mil. HNO International's Total Assets for the quarter that ended in Jan. 2024 was $1.21 Mil.

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

HNOI' s Equity-to-Asset Range Over the Past 10 Years
Min: -9.74   Med: -0.24   Max: 0.17
Current: -0.41

During the past 7 years, the highest Equity to Asset Ratio of HNO International was 0.17. The lowest was -9.74. And the median was -0.24.

HNOI's Equity-to-Asset is ranked worse than
96.28% of 806 companies
in the Capital Markets industry
Industry Median: 0.5 vs HNOI: -0.41

HNO International Equity-to-Asset Historical Data

The historical data trend for HNO International'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.

HNO International Equity-to-Asset Chart

HNO International Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial - -7.75 -1.19 -9.74 -0.07

HNO International Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -9.74 - 0.17 -0.07 -0.41

Competitive Comparison of HNO International's Equity-to-Asset

For the Financial Data & Stock Exchanges subindustry, HNO International'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.


HNO International's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HNO International's Equity-to-Asset distribution charts can be found below:

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



HNO International 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.

HNO International's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=-0.092/1.343
=-0.07

HNO International'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
=-0.489/1.206
=

* 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.


HNO International  (OTCPK:HNOI) 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%.


HNO International Equity-to-Asset Related Terms

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


HNO International (HNO International) Business Description

Traded in Other Exchanges
N/A
Address
41558 Eastman Drive, Suite B, Murrieta, CA, USA, 92562
HNO International Inc is engaged in providing custom engineering and innovative green hydrogen technologies to help the world transition from fossil fuels to clean energy. The Company focuses on systems engineering design, integration, and product development for the generation of green hydrogen-based solutions to help businesses and communities decarbonize in the near term.
Executives
Hossein Haririnia director, officer: Treasurer 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Paul H Mueller officer: President, CEO and Secretary 41558 EASTMAN DRIVE, SUITE B, MURRIETA CA 92562
Donald W Owens director, 10 percent owner 42309 WINCHESTER ROAD, SUITE E, TEMECULA CA 92590
William E Parker director 3220 ALABAMA AVENUE SE, WASHINGTON DC 20020
Thomas Gelfand director, 10 percent owner, officer: PRES, CEO, TRES, CFO, SECR 5050 KINGSWAY,, BURNABY, BC A1 V5H 4H2

HNO International (HNO International) Headlines