GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » Equity-to-Asset

Carson Development (Carson Development) Equity-to-Asset : -1.01 (As of Sep. 2002)


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

What is Carson Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Carson Development's Total Stockholders Equity for the quarter that ended in Sep. 2002 was $-3.82 Mil. Carson Development's Total Assets for the quarter that ended in Sep. 2002 was $3.78 Mil. Therefore, Carson Development's Equity to Asset Ratio for the quarter that ended in Sep. 2002 was -1.01.

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

CDVM's Equity-to-Asset is not ranked *
in the Real Estate industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Carson Development Equity-to-Asset Historical Data

The historical data trend for Carson Development'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.

Carson Development Equity-to-Asset Chart

Carson Development Annual Data
Trend Dec99 Dec00 Dec01
Equity-to-Asset
-0.69 0.67 -96.00

Carson Development Quarterly Data
Mar99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 -96.00 -109.67 -0.94 -1.01

Competitive Comparison of Carson Development's Equity-to-Asset

For the Real Estate - Development subindustry, Carson Development'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.


Carson Development's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Carson Development's Equity-to-Asset distribution charts can be found below:

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



Carson Development 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.

Carson Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2001 is calculated as

Equity to Asset (A: Dec. 2001 )=Total Stockholders Equity/Total Assets
=-0.288/0.003
=

Carson Development's Equity to Asset Ratio for the quarter that ended in Sep. 2002 is calculated as

Equity to Asset (Q: Sep. 2002 )=Total Stockholders Equity/Total Assets
=-3.819/3.778
=-1.01

* 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.


Carson Development  (OTCPK:CDVM) 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%.


Carson Development Equity-to-Asset Related Terms

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


Carson Development (Carson Development) Business Description

Traded in Other Exchanges
N/A
Address
6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223
Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

Carson Development (Carson Development) Headlines

No Headlines