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NoFire Technologies (NoFire Technologies) Equity-to-Asset : -25.96 (As of May. 2010)


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What is NoFire Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NoFire Technologies's Total Stockholders Equity for the quarter that ended in May. 2010 was $-7.09 Mil. NoFire Technologies's Total Assets for the quarter that ended in May. 2010 was $0.27 Mil. Therefore, NoFire Technologies's Equity to Asset Ratio for the quarter that ended in May. 2010 was -25.96.

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

NFTI's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

NoFire Technologies Equity-to-Asset Historical Data

The historical data trend for NoFire 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.

NoFire Technologies Equity-to-Asset Chart

NoFire Technologies Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.07 -36.39 -8.03 -15.39 -15.39

NoFire Technologies Quarterly Data
Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 -15.39 -15.39 -40.86 -28.11 -25.96

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

For the Specialty Chemicals subindustry, NoFire 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.


NoFire Technologies's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoFire Technologies's Equity-to-Asset distribution charts can be found below:

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



NoFire 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.

NoFire Technologies's Equity to Asset Ratio for the fiscal year that ended in Aug. 2009 is calculated as

Equity to Asset (A: Aug. 2009 )=Total Stockholders Equity/Total Assets
=-5.355/0.348
=-15.39

NoFire Technologies's Equity to Asset Ratio for the quarter that ended in May. 2010 is calculated as

Equity to Asset (Q: May. 2010 )=Total Stockholders Equity/Total Assets
=-7.088/0.273
=-25.96

* 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.


NoFire Technologies  (OTCPK:NFTI) 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%.


NoFire Technologies Equity-to-Asset Related Terms

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NoFire Technologies (NoFire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 James Street, South Hackensack, NJ, USA, 07606
NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.
Executives
Andrew H Tisch 10 percent owner 667 MADISON AVE, NEW YORK NY 10021-8087

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