GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cang Bao Tian Xia International Art Trade Center Inc (OTCPK:TXCB) » Definitions » Equity-to-Asset

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Equity-to-Asset : -1.19 (As of Dec. 2021)


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

What is Cang Bao Tian Xia International Art Trade Center Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cang Bao Tian Xia International Art Trade Center's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-22.06 Mil. Cang Bao Tian Xia International Art Trade Center's Total Assets for the quarter that ended in Dec. 2021 was $18.48 Mil. Therefore, Cang Bao Tian Xia International Art Trade Center's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was -1.19.

The historical rank and industry rank for Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset or its related term are showing as below:

TXCB's Equity-to-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Cang Bao Tian Xia International Art Trade Center Equity-to-Asset Historical Data

The historical data trend for Cang Bao Tian Xia International Art Trade Center'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.

Cang Bao Tian Xia International Art Trade Center Equity-to-Asset Chart

Cang Bao Tian Xia International Art Trade Center Annual Data
Trend Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun18 Jun19 Jun20 Jun21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 -2.80 - -0.48 -0.66

Cang Bao Tian Xia International Art Trade Center Quarterly Data
Mar11 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.43 -0.66 -0.95 -1.19 -

Competitive Comparison of Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset

For the Specialty Retail subindustry, Cang Bao Tian Xia International Art Trade Center'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.


Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset falls into.



Cang Bao Tian Xia International Art Trade Center 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.

Cang Bao Tian Xia International Art Trade Center's Equity to Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Equity to Asset (A: Jun. 2021 )=Total Stockholders Equity/Total Assets
=-13.456/20.442
=-0.66

Cang Bao Tian Xia International Art Trade Center's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-22.064/18.483
=-1.19

* 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.


Cang Bao Tian Xia International Art Trade Center  (OTCPK:TXCB) 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%.


Cang Bao Tian Xia International Art Trade Center Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Cang Bao Tian Xia International Art Trade Center's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Business Description

Traded in Other Exchanges
N/A
Address
No. 61, Guoxing Avenue, Unit 609, Shengda Plaza, Meilan District, Hainan Province, Haikou, CHN, 570203
Cang Bao Tian Xia International Art Trade Center Inc is engaged in the manufacturing and distribution of gears, gearbox sand drive axles. These are marketed and sold to equipment manufacturers in China. Its products are used for making industrial, agricultural, and construction machinery, such as forklift trucks, excavators, tractors, and diesel engines.
Executives
Wei Wang 10 percent owner NO. 14, LANE 1, DONGXIAO CITY, CHONGWEN DISTRICT, BEIJING F4 0000000
Liang Tan director NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Yaqin Fu 10 percent owner NO. 88 LANE 7171 SHENGIANG RD., PUDONG NEW DISTRICT, SHANGHAI F4 00000
Xingtao Zhou director, 10 percent owner, officer: CEO and CFO 5-1-1206 HEFENG JIANGAN, NIANQUING ROAD MEILAN DISTRICT, HAIKOU, HAINAN PROVINCE F4 00000
Ruihua International Ltd 10 percent owner PO BOX 83, DES PLAINES IL 60016
Jayhawk Capital Management Llc other: 13(d) group owning > 10% 13021 W 74TH ST, SHAWNEE KS 66216
Jayhawk Private Equity Gp, L.p. other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Fund L P other: 13(d) group owning > 10% 5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Kent C Mccarthy 10 percent owner, other: 13(d) group owning > 10% 930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Pinnacle China Fund, L.p. 10 percent owner 4965 PRESTON PARK BLVD., SUITE 240, PLANO TX 75093
Philip Widmann officer: Senior Vice President C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Jason Lu director, officer: Chief Executive Officer C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705
Ming He officer: Chief Financial Officer NO. 106 ZHONGHUAN SOUTH ROAD, AIRPORT INDUSTRIAL PARK, TIANJIN F4 300308
Haining Liu director C/O USUNCO, 10510 HILLSBORO ROAD, SANTA ANA CA 92705

Cang Bao Tian Xia International Art Trade Center (Cang Bao Tian Xia International Art Trade Center) Headlines

No Headlines