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Minerco (Minerco) Equity-to-Asset

: -37.99 (As of Apr. 2017)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Minerco's Total Stockholders Equity for the quarter that ended in Apr. 2017 was $-11.40 Mil. Minerco's Total Assets for the quarter that ended in Apr. 2017 was $0.30 Mil.

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

MINE's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.53
* Ranked among companies with meaningful Equity-to-Asset only.

Minerco Equity-to-Asset Historical Data

The historical data trend for Minerco'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.

Minerco Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -16.01 -1.18 -1.32 -19.85

Minerco Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only -2.63 -19.85 -21.93 -26.82 -37.99

Competitive Comparison

For the Farm Products subindustry, Minerco'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.


Minerco Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerco's Equity-to-Asset distribution charts can be found below:

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



Minerco 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.

Minerco's Equity to Asset Ratio for the fiscal year that ended in Jul. 2016 is calculated as

Equity to Asset (A: Jul. 2016 )=Total Stockholders Equity/Total Assets
=-6.095/0.307
=-19.85

Minerco's Equity to Asset Ratio for the quarter that ended in Apr. 2017 is calculated as

Equity to Asset (Q: Apr. 2017 )=Total Stockholders Equity/Total Assets
=-11.396/0.3
=

* 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.


Minerco  (OTCPK:MINE) 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%.


Minerco Equity-to-Asset Related Terms

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Minerco (Minerco) Business Description

Traded in Other Exchanges
N/A
Address
60 Knutsford Boulevard, Level 9 PanJam Building 5, Kingston, JAM
Minerco Inc is focused on the research, production, and distribution of psilocybin mushrooms.

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