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Organic Agricultural Co (Organic Agricultural Co) Equity-to-Asset : 0.64 (As of Dec. 2023)


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What is Organic Agricultural Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Organic Agricultural Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.36 Mil. Organic Agricultural Co's Total Assets for the quarter that ended in Dec. 2023 was $0.56 Mil. Therefore, Organic Agricultural Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

OGAA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.54   Med: 0.44   Max: 0.82
Current: 0.64

During the past 6 years, the highest Equity to Asset Ratio of Organic Agricultural Co was 0.82. The lowest was -0.54. And the median was 0.44.

OGAA's Equity-to-Asset is ranked better than
64.6% of 1921 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs OGAA: 0.64

Organic Agricultural Co Equity-to-Asset Historical Data

The historical data trend for Organic Agricultural Co'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.

Organic Agricultural Co Equity-to-Asset Chart

Organic Agricultural Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.30 -0.54 0.49 0.10

Organic Agricultural Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.39 0.10 - 0.60 0.64

Competitive Comparison of Organic Agricultural Co's Equity-to-Asset

For the Farm Products subindustry, Organic Agricultural Co'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.


Organic Agricultural Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Organic Agricultural Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Organic Agricultural Co's Equity-to-Asset falls into.



Organic Agricultural Co 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.

Organic Agricultural Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=0.023/0.238
=0.10

Organic Agricultural Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.363/0.564
=0.64

* 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.


Organic Agricultural Co  (OTCPK:OGAA) 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%.


Organic Agricultural Co Equity-to-Asset Related Terms

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Organic Agricultural Co (Organic Agricultural Co) Business Description

Traded in Other Exchanges
N/A
Address
High and New Technology Industrial Development District, Room G504 G506 G509 G510, Building No. 3, Kejichuangxincheng Chuangxinchuangye Plaza, Heilongjiang Province, Harbin, CHN, 150090
Organic Agricultural Co Ltd is engaged in manufacturing of agricultural products, rice, and other related products. The Company sells paddy and selenium-enriched paddy products, rice and other agricultural products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Organic Agricultural Co (Organic Agricultural Co) Headlines

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