GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Equity-to-Asset

Sustainable Green Team (Sustainable Green Team) Equity-to-Asset : 0.59 (As of Sep. 2023)


View and export this data going back to . Start your Free Trial

What is Sustainable Green Team Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sustainable Green Team's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $88.15 Mil. Sustainable Green Team's Total Assets for the quarter that ended in Sep. 2023 was $150.28 Mil. Therefore, Sustainable Green Team's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.59.

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

SGTM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.6   Max: 0.62
Current: 0.59

During the past 2 years, the highest Equity to Asset Ratio of Sustainable Green Team was 0.62. The lowest was 0.59. And the median was 0.60.

SGTM's Equity-to-Asset is ranked better than
57.63% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs SGTM: 0.59

Sustainable Green Team Equity-to-Asset Historical Data

The historical data trend for Sustainable Green Team'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.

Sustainable Green Team Equity-to-Asset Chart

Sustainable Green Team Annual Data
Trend Dec21 Dec22
Equity-to-Asset
0.62 0.60

Sustainable Green Team Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial - 0.60 0.59 0.60 0.59

Competitive Comparison of Sustainable Green Team's Equity-to-Asset

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.


Sustainable Green Team's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sustainable Green Team's Equity-to-Asset falls into.



Sustainable Green Team 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.

Sustainable Green Team's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=72.676/120.365
=0.60

Sustainable Green Team's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=88.151/150.275
=0.59

* 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.


Sustainable Green Team  (OTCPK:SGTM) 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%.


Sustainable Green Team Equity-to-Asset Related Terms

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


Sustainable Green Team (Sustainable Green Team) Business Description

Traded in Other Exchanges
N/A
Address
24200 County RD 561, Astatula, FL, USA, 34705
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.

Sustainable Green Team (Sustainable Green Team) Headlines

From GuruFocus