AAGR (African Agriculture Holdings) Equity-to-Asset: -1.40 (As of Mar. 2024)

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What is African Agriculture Holdings Equity-to-Asset?

African Agriculture Holdings AAGR Equity-to-Asset is -1.40 as of Mar. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. African Agriculture Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-24.36 Mil. African Agriculture Holdings's Total Assets for the quarter that ended in Mar. 2024 was $17.41 Mil. Therefore, African Agriculture Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -1.40.

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

AAGR's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

African Agriculture Holdings  (OTCPK:AAGR) 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%.


African Agriculture Holdings Equity-to-Asset Related Terms


African Agriculture Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for African Agriculture Holdings'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.

African Agriculture Holdings Equity-to-Asset Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.96 -0.34 -1.23

African Agriculture Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.50 -0.65 0.07 -1.23 -1.40

AAGR vs SHMP, AGRI, ADM: Equity-to-Asset Comparison

For the Farm Products subindustry, African Agriculture Holdings'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.


African Agriculture Holdings Equity-to-Asset vs Consumer Packaged Goods Industry

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

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



African Agriculture Holdings 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.

African Agriculture Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-22.583045/18.382329
=-1.23

African Agriculture Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-24.357322/17.407704
=-1.40

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -1.40 mean?
African Agriculture Holdings (AAGR) has a Equity-to-Asset of -1.40 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on African Agriculture Holdings and its competitors.
Is African Agriculture Holdings' Equity-to-Asset too high?
African Agriculture Holdings' current Equity-to-Asset is -1.40.
How does African Agriculture Holdings' Equity-to-Asset compare to SHMP and AGRI?
African Agriculture Holdings' Equity-to-Asset of -1.40 can be compared against companies in the Consumer Packaged Goods industry. The industry median Equity-to-Asset is 0.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.54, based on 2,016 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on African Agriculture Holdings and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Agriculture Holdings's current Equity-to-Asset is -1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Agriculture Holdings stock overvalued right now?
African Agriculture Holdings (AAGR) has a current Equity-to-Asset of -1.40. The current Equity-to-Asset is -1.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For African Agriculture Holdings (AAGR), the current Equity-to-Asset is -1.40 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Agriculture Holdings Business Description

Address 445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.