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ADFS (American Defense Systems) Equity-to-Asset : -0.45 (As of Sep. 2012)


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What is American Defense Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Defense Systems's Total Stockholders Equity for the quarter that ended in Sep. 2012 was $-0.80 Mil. American Defense Systems's Total Assets for the quarter that ended in Sep. 2012 was $1.76 Mil. Therefore, American Defense Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2012 was -0.45.

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

ADFS's Equity-to-Asset is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

American Defense Systems Equity-to-Asset Historical Data

The historical data trend for American Defense Systems'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.

American Defense Systems Equity-to-Asset Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Equity-to-Asset
Get a 7-Day Free Trial 0.57 0.39 -0.12 -1.00 -0.08

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -0.26 -0.08 -0.29 -0.32 -0.45

Competitive Comparison of American Defense Systems's Equity-to-Asset

For the Aerospace & Defense subindustry, American Defense Systems'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.


American Defense Systems's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, American Defense Systems's Equity-to-Asset distribution charts can be found below:

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



American Defense Systems 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.

American Defense Systems's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )=Total Stockholders Equity/Total Assets
=-0.235/3.115
=-0.08

American Defense Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

Equity to Asset (Q: Sep. 2012 )=Total Stockholders Equity/Total Assets
=-0.796/1.761
=-0.45

* 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.


American Defense Systems  (OTCPK:ADFS) 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%.


American Defense Systems Equity-to-Asset Related Terms

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


American Defense Systems Business Description

Traded in Other Exchanges
N/A
Address
3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.
Executives
R Atticus Lowe 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001