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Itonis (Itonis) Equity-to-Asset : -0.06 (As of Feb. 2008)


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What is Itonis Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Itonis's Total Stockholders Equity for the quarter that ended in Feb. 2008 was $-0.07 Mil. Itonis's Total Assets for the quarter that ended in Feb. 2008 was $1.11 Mil.

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

ITNS's Equity-to-Asset is not ranked *
in the Medical Distribution industry.
Industry Median: 0.38
* Ranked among companies with meaningful Equity-to-Asset only.

Itonis Equity-to-Asset Historical Data

The historical data trend for Itonis'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.

Itonis Equity-to-Asset Chart

Itonis Annual Data
Trend Nov05 Nov06 Nov07
Equity-to-Asset
0.57 -4.94 -43.24

Itonis Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.33 -1.98 -3.39 -43.24 -0.06

Competitive Comparison of Itonis's Equity-to-Asset

For the Medical Distribution subindustry, Itonis'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.


Itonis's Equity-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Itonis's Equity-to-Asset distribution charts can be found below:

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



Itonis 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.

Itonis's Equity to Asset Ratio for the fiscal year that ended in Nov. 2007 is calculated as

Equity to Asset (A: Nov. 2007 )=Total Stockholders Equity/Total Assets
=-1.081/0.025
=-43.24

Itonis's Equity to Asset Ratio for the quarter that ended in Feb. 2008 is calculated as

Equity to Asset (Q: Feb. 2008 )=Total Stockholders Equity/Total Assets
=-0.067/1.11
=

* 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.


Itonis  (OTCPK:ITNS) 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%.


Itonis Equity-to-Asset Related Terms

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


Itonis (Itonis) Business Description

Traded in Other Exchanges
N/A
Address
22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630
Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

Itonis (Itonis) Headlines