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Himalaya Technologies (Himalaya Technologies) Equity-to-Asset : -4.07 (As of Jan. 2024)


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What is Himalaya Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Himalaya Technologies's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.56 Mil. Himalaya Technologies's Total Assets for the quarter that ended in Jan. 2024 was $0.14 Mil.

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

HMLA' s Equity-to-Asset Range Over the Past 10 Years
Min: -31.28   Med: -3.98   Max: -1.42
Current: -4.07

During the past 11 years, the highest Equity to Asset Ratio of Himalaya Technologies was -1.42. The lowest was -31.28. And the median was -3.98.

HMLA's Equity-to-Asset is ranked worse than
97.49% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs HMLA: -4.07

Himalaya Technologies Equity-to-Asset Historical Data

The historical data trend for Himalaya Technologies'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.

Himalaya Technologies Equity-to-Asset Chart

Himalaya Technologies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -21.79 -29.31 -2.12 -31.28

Himalaya Technologies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -3.11 -3.89 -31.28 -25.69 -4.07

Competitive Comparison of Himalaya Technologies's Equity-to-Asset

For the Internet Content & Information subindustry, Himalaya Technologies'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.


Himalaya Technologies's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Himalaya Technologies's Equity-to-Asset distribution charts can be found below:

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



Himalaya Technologies 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.

Himalaya Technologies's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-1.126/0.036
=

Himalaya Technologies's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-0.558/0.137
=

* 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.


Himalaya Technologies  (OTCPK:HMLA) 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%.


Himalaya Technologies Equity-to-Asset Related Terms

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


Himalaya Technologies (Himalaya Technologies) Business Description

Traded in Other Exchanges
N/A
Address
831 West North Avenue, Pittsburgh, PA, USA, 15233
Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.
Executives
Vikram P Grover director, 10 percent owner, officer: CEO, Chairman 1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco officer: Chief Financial Officer 1600 STOUT STREET, #450, DENVER CO 80202
St James David M director 3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell 10 percent owner 1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629