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Aeris Environmental (Aeris Environmental) Equity-to-Asset : 0.36 (As of Dec. 2023)


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What is Aeris Environmental Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aeris Environmental's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.80 Mil. Aeris Environmental's Total Assets for the quarter that ended in Dec. 2023 was $2.24 Mil. Therefore, Aeris Environmental's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

AETLF' s Equity-to-Asset Range Over the Past 10 Years
Min: -5.37   Med: 0.75   Max: 0.87
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Aeris Environmental was 0.87. The lowest was -5.37. And the median was 0.75.

AETLF's Equity-to-Asset is ranked worse than
80.69% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs AETLF: 0.36

Aeris Environmental Equity-to-Asset Historical Data

The historical data trend for Aeris Environmental'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.

Aeris Environmental Equity-to-Asset Chart

Aeris Environmental Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.85 0.81 0.82 0.63

Aeris Environmental Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.84 0.82 0.72 0.63 0.36

Competitive Comparison of Aeris Environmental's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Aeris Environmental'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.


Aeris Environmental's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Aeris Environmental 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.

Aeris Environmental's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1.981/3.135
=0.63

Aeris Environmental'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
=0.795/2.237
=0.36

* 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.


Aeris Environmental  (OTCPK:AETLF) 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%.


Aeris Environmental Equity-to-Asset Related Terms

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Aeris Environmental (Aeris Environmental) Business Description

Traded in Other Exchanges
Address
Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018
Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of the AerisGuard products and provides HVAC/R Hygiene and Remediation Technology, and Energy Efficiency services. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental (Aeris Environmental) Headlines

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