CleanCore Solutions (CleanCore Solutions) Equity-to-Asset : 0.18 (As of Dec. 2023)

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What is CleanCore Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CleanCore Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.07 Mil. CleanCore Solutions's Total Assets for the quarter that ended in Dec. 2023 was $5.82 Mil.

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

ZONE' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.67 Med: 0.18 Max: 0.34
Current: 0.18

During the past 3 years, the highest Equity to Asset Ratio of CleanCore Solutions was 0.34. The lowest was -4.67. And the median was 0.18.

ZONE's Equity-to-Asset is ranked worse than
93.57% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs ZONE: 0.18

CleanCore Solutions Equity-to-Asset Historical Data

The historical data trend for CleanCore Solutions'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.

CleanCore Solutions Equity-to-Asset Chart

CleanCore Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

-4.67

-3.41

0.29

CleanCore Solutions Quarterly Data
	Jun21	Mar22	Jun22	Oct22	Mar23	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-3.41	-	0.34	0.29	0.18

Competitive Comparison of CleanCore Solutions's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, CleanCore Solutions'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.

CleanCore Solutions's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CleanCore Solutions's Equity-to-Asset distribution charts can be found below:

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

CleanCore Solutions 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.

CleanCore Solutions's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.746	/	6.093
	=

CleanCore Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1.072	/	5.817
	=

CleanCore Solutions (AMEX:ZONE) 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%.

CleanCore Solutions Equity-to-Asset Related Terms

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

CleanCore Solutions (CleanCore Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CleanCore Solutions Inc (AMEX:ZONE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137

Website

https://www.cleancoresol.com

CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.

CleanCore Solutions (CleanCore Solutions) Headlines

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