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Consumer Automotive Finance (Consumer Automotive Finance) Equity-to-Asset : -6.15 (As of Jun. 2023)


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What is Consumer Automotive Finance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Consumer Automotive Finance's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-0.16 Mil. Consumer Automotive Finance's Total Assets for the quarter that ended in Jun. 2023 was $0.03 Mil. Therefore, Consumer Automotive Finance's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -6.15.

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

CAFI' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.23   Med: -6.19   Max: -6.15
Current: -6.15

During the past 9 years, the highest Equity to Asset Ratio of Consumer Automotive Finance was -6.15. The lowest was -6.23. And the median was -6.19.

CAFI's Equity-to-Asset is ranked worse than
98.71% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs CAFI: -6.15

Consumer Automotive Finance Equity-to-Asset Historical Data

The historical data trend for Consumer Automotive Finance'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.

Consumer Automotive Finance Equity-to-Asset Chart

Consumer Automotive Finance Annual Data
Trend Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only -0.20 -1.69 -1.94 -6.23 -6.15

Consumer Automotive Finance Semi-Annual Data
Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun21 Jun22 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.69 -1.94 - -6.23 -6.15

Competitive Comparison of Consumer Automotive Finance's Equity-to-Asset

For the Credit Services subindustry, Consumer Automotive Finance'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.


Consumer Automotive Finance's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Consumer Automotive Finance's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Consumer Automotive Finance's Equity-to-Asset falls into.



Consumer Automotive Finance 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.

Consumer Automotive Finance'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
=-0.16/0.026
=-6.15

Consumer Automotive Finance's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-0.16/0.026
=-6.15

* 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.


Consumer Automotive Finance  (OTCPK:CAFI) 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%.


Consumer Automotive Finance Equity-to-Asset Related Terms

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


Consumer Automotive Finance (Consumer Automotive Finance) Business Description

Traded in Other Exchanges
N/A
Address
746 North Drive, STE A, Melbourne, FL, USA, 32934
Consumer Automotive Finance Inc is an indirect automotive financial services company that focuses on servicing the sub-prime market. It has developed a criteria-based system, which has been effective in evaluating deal structure as well as a consumer's ability to pay for an automobile loan. The company provides financing solutions for buying Cars and Trucks and also provides a wide range of credit profiles through dealers in Nevada and soon Arizona and Utah, as well as online through the Dealer Loan programs.
Executives
Scott Eugene Miller officer: CEO 2239 N. HAYDEN RD., SUITE 100, SCOTTSDALE AZ 85257
Jamie Kerr director, 10 percent owner, officer: President 2925 N. 67TH PLACE, SCOTTSDALE AZ 85251
John Shaffer director, officer: Treasurer 2925 N. 67TH PLACE, SCOTTSDALE AZ 85251

Consumer Automotive Finance (Consumer Automotive Finance) Headlines