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Newalta (Newalta) Equity-to-Asset : 0.24 (As of Mar. 2018)


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What is Newalta Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Newalta's Total Stockholders Equity for the quarter that ended in Mar. 2018 was $126.6 Mil. Newalta's Total Assets for the quarter that ended in Mar. 2018 was $537.9 Mil. Therefore, Newalta's Equity to Asset Ratio for the quarter that ended in Mar. 2018 was 0.24.

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

NWLTF's Equity-to-Asset is not ranked *
in the Waste Management industry.
Industry Median: 0.43
* Ranked among companies with meaningful Equity-to-Asset only.

Newalta Equity-to-Asset Historical Data

The historical data trend for Newalta'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.

Newalta Equity-to-Asset Chart

Newalta Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.38 0.40 0.31 0.25

Newalta Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.30 0.28 0.26 0.25 0.24

Competitive Comparison of Newalta's Equity-to-Asset

For the Waste Management subindustry, Newalta'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.


Newalta's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Newalta's Equity-to-Asset distribution charts can be found below:

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



Newalta 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.

Newalta's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=134.487/538.991
=0.25

Newalta's Equity to Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

Equity to Asset (Q: Mar. 2018 )=Total Stockholders Equity/Total Assets
=126.599/537.884
=0.24

* 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.


Newalta  (OTCPK:NWLTF) 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%.


Newalta Equity-to-Asset Related Terms

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Newalta (Newalta) Business Description

Traded in Other Exchanges
N/A
Address
Newalta Corp is engaged in providing engineered environmental solutions, which enable customers to reduce disposal, enhance recycling and recover valuable resources from oil and gas exploration and production waste streams. The operating segments of the group are Heavy oil and Oilfield. It generates maximum revenue from the Oilfield segment which includes the processing of oilfield-generated wastes, including treatment, water disposal, clean oil terminalling, landfilling, the sale of recovered crude oil and the supply and operation of drill site processing equipment, including solids control and drill cuttings management; as well as environmental services like environmental projects, drilling waste management services and site remediation. The group operates in Canada and the US.

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