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Windfall Geotek (Windfall Geotek) Equity-to-Asset : 0.94 (As of Nov. 2023)


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What is Windfall Geotek Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Windfall Geotek's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $1.04 Mil. Windfall Geotek's Total Assets for the quarter that ended in Nov. 2023 was $1.11 Mil. Therefore, Windfall Geotek's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.94.

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

WINKF' s Equity-to-Asset Range Over the Past 10 Years
Min: -23.93   Med: 0.88   Max: 0.98
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Windfall Geotek was 0.98. The lowest was -23.93. And the median was 0.88.

WINKF's Equity-to-Asset is ranked better than
98% of 2850 companies
in the Software industry
Industry Median: 0.54 vs WINKF: 0.94

Windfall Geotek Equity-to-Asset Historical Data

The historical data trend for Windfall Geotek'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.

Windfall Geotek Equity-to-Asset Chart

Windfall Geotek Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.82 0.92 0.96 0.96

Windfall Geotek Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.96 0.96 0.97 0.96 0.94

Competitive Comparison of Windfall Geotek's Equity-to-Asset

For the Software - Application subindustry, Windfall Geotek'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.


Windfall Geotek's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Windfall Geotek's Equity-to-Asset distribution charts can be found below:

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



Windfall Geotek 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.

Windfall Geotek's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=1.804/1.878
=0.96

Windfall Geotek's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1.042/1.108
=0.94

* 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.


Windfall Geotek  (OTCPK:WINKF) 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%.


Windfall Geotek Equity-to-Asset Related Terms

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


Windfall Geotek (Windfall Geotek) Business Description

Traded in Other Exchanges
Address
7005 Boulevard Taschereau, Suite 265, Brossard, QC, CAN, J4Z 1A7
Windfall Geotek Inc is an Artificial Intelligence company developing its proprietary CARDS analysis and data mining techniques. The Company is exploring a new business model through which it will advance projects where the CARDS artificial intelligence software platform has identified high-potential targets. The Company has determined that it operates in two segments, being acquisition, exploration and development of mineral properties for economically recoverable reserves in Canada and providing AI services.

Windfall Geotek (Windfall Geotek) Headlines