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Promithian Global Ventures (Promithian Global Ventures) Equity-to-Asset : 0.00 (As of Dec. 2009)


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What is Promithian Global Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Promithian Global Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2009 was $-0.04 Mil. Promithian Global Ventures's Total Assets for the quarter that ended in Dec. 2009 was $0.00 Mil.

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

PGVI's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.79
* Ranked among companies with meaningful Equity-to-Asset only.

Promithian Global Ventures Equity-to-Asset Historical Data

The historical data trend for Promithian Global Ventures'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.

Promithian Global Ventures Equity-to-Asset Chart

Promithian Global Ventures Annual Data
Trend Mar09
Equity-to-Asset
0.93

Promithian Global Ventures Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Equity-to-Asset Get a 7-Day Free Trial 0.95 0.93 0.78 - -

Competitive Comparison of Promithian Global Ventures's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Promithian Global Ventures'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.


Promithian Global Ventures's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Promithian Global Ventures's Equity-to-Asset distribution charts can be found below:

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



Promithian Global Ventures 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.

Promithian Global Ventures's Equity to Asset Ratio for the fiscal year that ended in Mar. 2009 is calculated as

Equity to Asset (A: Mar. 2009 )=Total Stockholders Equity/Total Assets
=0.051/0.055
=

Promithian Global Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2009 is calculated as

Equity to Asset (Q: Dec. 2009 )=Total Stockholders Equity/Total Assets
=-0.039/0
=

* 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.


Promithian Global Ventures  (OTCPK:PGVI) 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%.


Promithian Global Ventures Equity-to-Asset Related Terms

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Promithian Global Ventures (Promithian Global Ventures) Business Description

Traded in Other Exchanges
N/A
Address
406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111
Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

Promithian Global Ventures (Promithian Global Ventures) Headlines

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