Atmofizer Technologies (XCNQ:ATMO) Equity-to-Asset : -4.72 (As of Dec. 2023)

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What is Atmofizer Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atmofizer Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-1.93 Mil. Atmofizer Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$0.41 Mil. Therefore, Atmofizer Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -4.72.

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

XCNQ:ATMO' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.34 Med: 0.89 Max: 0.97
Current: -2.34

During the past 3 years, the highest Equity to Asset Ratio of Atmofizer Technologies was 0.97. The lowest was -2.34. And the median was 0.89.

XCNQ:ATMO's Equity-to-Asset is ranked worse than
99.11% of 3031 companies
in the Industrial Products industry
Industry Median: 0.56 vs XCNQ:ATMO: -2.34

Atmofizer Technologies Equity-to-Asset Historical Data

The historical data trend for Atmofizer Technologies'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.

Atmofizer Technologies Equity-to-Asset Chart

Atmofizer Technologies Annual Data

Trend

Sep21

Dec22

Dec23

Equity-to-Asset

-2.76

-0.82

-4.72

Atmofizer Technologies Quarterly Data
	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.88	-0.82	-0.90	-2.34	-4.72

Competitive Comparison of Atmofizer Technologies's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Atmofizer Technologies'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.

Atmofizer Technologies's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atmofizer Technologies's Equity-to-Asset distribution charts can be found below:

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

Atmofizer Technologies 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.

Atmofizer Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-1.931	/	0.409
	=

Atmofizer Technologies'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
	=	-1.931	/	0.409
	=	-4.72

Atmofizer Technologies (XCNQ:ATMO) 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%.

Atmofizer Technologies Equity-to-Asset Related Terms

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Atmofizer Technologies (XCNQ:ATMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atmofizer Technologies Inc (XCNQ:ATMO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ATMFF:USA J3KA:Germany

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.atmofizer.com

Atmofizer Technologies Inc is a clean air and clean water solutions provider that is focused on commercializing its proprietary technology through stand-alone, integrated, and licensed applications across business, consumer, medical and industrial applications. The company's products include wearable, portable, and mobile use for personal air treatment, as well as larger systems to handle higher air volumes for commercial, industrial, institutional, and residential applications.

Atmofizer Technologies (XCNQ:ATMO) Headlines

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