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HK Battery Technology (HK Battery Technology) Equity-to-Asset : 0.88 (As of Mar. 2016)


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What is HK Battery Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HK Battery Technology's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $42.86 Mil. HK Battery Technology's Total Assets for the quarter that ended in Mar. 2016 was $48.75 Mil.

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

HKBT's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

HK Battery Technology Equity-to-Asset Historical Data

The historical data trend for HK Battery Technology'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.

HK Battery Technology Equity-to-Asset Chart

HK Battery Technology Annual Data
Trend Dec06 Dec07 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.87 -3.23 -7.51 -11.14 0.88

HK Battery Technology Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -0.64 -2.37 0.89 0.88 0.88

Competitive Comparison of HK Battery Technology's Equity-to-Asset

For the Shell Companies subindustry, HK Battery Technology'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.


HK Battery Technology's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HK Battery Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HK Battery Technology's Equity-to-Asset falls into.



HK Battery Technology 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.

HK Battery Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=43.939/49.788
=0.88

HK Battery Technology's Equity to Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

Equity to Asset (Q: Mar. 2016 )=Total Stockholders Equity/Total Assets
=42.856/48.745
=

* 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.


HK Battery Technology  (OTCPK:HKBT) 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%.


HK Battery Technology Equity-to-Asset Related Terms

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HK Battery Technology (HK Battery Technology) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK Battery Technology Inc is a development stage company.
Executives
John N Braca director C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector director, officer: CEO, President, Sec. & Treasur
David C. Mathewson director, 10 percent owner, officer: President 1265 MESA DRIVE, FERNLEY NV 89408

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