GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aether Catalyst Solutions Inc (XCNQ:ATHR) » Definitions » Equity-to-Asset

Aether Catalyst Solutions (XCNQ:ATHR) Equity-to-Asset : -1.41 (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Aether Catalyst Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aether Catalyst Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-0.12 Mil. Aether Catalyst Solutions's Total Assets for the quarter that ended in Sep. 2023 was C$0.08 Mil.

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

XCNQ:ATHR' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.82   Med: 0.28   Max: 0.73
Current: -1.41

During the past 6 years, the highest Equity to Asset Ratio of Aether Catalyst Solutions was 0.73. The lowest was -4.82. And the median was 0.28.

XCNQ:ATHR's Equity-to-Asset is ranked worse than
99.01% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs XCNQ:ATHR: -1.41

Aether Catalyst Solutions Equity-to-Asset Historical Data

The historical data trend for Aether Catalyst Solutions'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.

Aether Catalyst Solutions Equity-to-Asset Chart

Aether Catalyst Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.64 0.24 -0.37 0.73 0.29

Aether Catalyst Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.49 0.29 -0.48 -0.07 -1.41

Competitive Comparison of Aether Catalyst Solutions's Equity-to-Asset

For the Auto Parts subindustry, Aether Catalyst Solutions'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.


Aether Catalyst Solutions's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aether Catalyst Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aether Catalyst Solutions's Equity-to-Asset falls into.



Aether Catalyst Solutions 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.

Aether Catalyst Solutions'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
=0.065/0.221
=

Aether Catalyst Solutions'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
=-0.118/0.084
=

* 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.


Aether Catalyst Solutions  (XCNQ:ATHR) 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%.


Aether Catalyst Solutions Equity-to-Asset Related Terms

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


Aether Catalyst Solutions (XCNQ:ATHR) Business Description

Traded in Other Exchanges
Address
8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2
Aether Catalyst Solutions Inc is focused on providing an order of magnitude cost reduction in catalytic converter catalysts, while meeting, or exceeding government emission standards. It is working to quickly advance its technology through rapid screening of new materials directed at enhancing end of life conversion levels after accelerated aging. The company's primary focus has been on automotive applications where it is looking to replace precious metals in automotive catalysts for gasoline powered engines. The company's target markets are the heavily regulated automotive industry and the unregulated small motors industry.

Aether Catalyst Solutions (XCNQ:ATHR) Headlines

No Headlines