GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Conversion Industries Inc (OTCPK:CVII) » Definitions » Equity-to-Asset

Conversion Industries (Conversion Industries) Equity-to-Asset : 0.54 (As of Jun. 2094)


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

What is Conversion Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Conversion Industries's Total Stockholders Equity for the quarter that ended in Jun. 2094 was $10.50 Mil. Conversion Industries's Total Assets for the quarter that ended in Jun. 2094 was $19.40 Mil. Therefore, Conversion Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2094 was 0.54.

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

CVII's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Conversion Industries Equity-to-Asset Historical Data

The historical data trend for Conversion Industries'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.

Conversion Industries Equity-to-Asset Chart

Conversion Industries Annual Data
Trend Nov90 Jun91 Jun92 Jun93 Jun94
Equity-to-Asset
0.36 0.73 0.67 0.72 0.54

Conversion Industries Semi-Annual Data
Nov90 Jun92 Jun93 Jun94
Equity-to-Asset 0.36 0.67 0.72 0.54

Competitive Comparison of Conversion Industries's Equity-to-Asset

For the Asset Management subindustry, Conversion Industries'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.

Conversion Industries's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Conversion Industries's Equity-to-Asset distribution charts can be found below:

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


Conversion Industries 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.

Conversion Industries's Equity to Asset Ratio for the fiscal year that ended in Jun. 2094 is calculated as

Equity to Asset (A: Jun. 2094 )=Total Stockholders Equity/Total Assets
=10.5/19.4
=0.54

Conversion Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2094 is calculated as

Equity to Asset (Q: Jun. 2094 )=Total Stockholders Equity/Total Assets
=10.5/19.4
=0.54

* 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.

Conversion Industries  (OTCPK:CVII) 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%.

Conversion Industries Equity-to-Asset Related Terms

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

Conversion Industries (Conversion Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Conversion Industries Inc (OTCPK:CVII) » Definitions » Equity-to-Asset
Comparable Companies
RAND NPN MIW XRDC MTR NJV WISH PRDGF GROW IVITF MAB HGBL CRSWF AABVF MCVT OHAI EMI AISSF GRF RCG
Traded in Other Exchanges
N/A
Address
Website
Conversion Industries, Inc. operates as a merchant banker. The Company's principal activity is to make equity investments in companies with the intention of assisting the company in making a public offering.