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Desert Control AS (Desert Control AS) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Desert Control AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Desert Control AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12.24 Mil. Desert Control AS's Total Assets for the quarter that ended in Dec. 2023 was $12.66 Mil.

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

DRTFF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.91   Max: 0.97
Current: 0.97

During the past 5 years, the highest Equity to Asset Ratio of Desert Control AS was 0.97. The lowest was 0.90. And the median was 0.91.

DRTFF's Equity-to-Asset is ranked better than
98% of 250 companies
in the Agriculture industry
Industry Median: 0.535 vs DRTFF: 0.97

Desert Control AS Equity-to-Asset Historical Data

The historical data trend for Desert Control AS'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.

Desert Control AS Equity-to-Asset Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.91 0.91 0.95 0.90 0.97

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.90 0.89 0.91 0.60 0.97

Competitive Comparison of Desert Control AS's Equity-to-Asset

For the Agricultural Inputs subindustry, Desert Control AS'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.


Desert Control AS's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Desert Control AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Desert Control AS's Equity-to-Asset falls into.



Desert Control AS 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.

Desert Control AS'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
=12.235/12.656
=0.97

Desert Control AS'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
=12.235/12.656
=

* 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.


Desert Control AS  (GREY:DRTFF) 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%.


Desert Control AS Equity-to-Asset Related Terms

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


Desert Control AS (Desert Control AS) Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.