Ankam (ANKM) Equity-to-Asset : -1.81 (As of Nov. 2024)

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What is Ankam Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ankam's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $-0.32 Mil. Ankam's Total Assets for the quarter that ended in Nov. 2024 was $0.18 Mil. Therefore, Ankam's Equity to Asset Ratio for the quarter that ended in Nov. 2024 was -1.81.

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

ANKM' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.01 Med: -1.95 Max: -0.1
Current: -1.81

During the past 4 years, the highest Equity to Asset Ratio of Ankam was -0.10. The lowest was -3.01. And the median was -1.95.

ANKM's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs ANKM: -1.81

Ankam Equity-to-Asset Historical Data

The historical data trend for Ankam'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.

Ankam Equity-to-Asset Chart

Ankam Annual Data

Trend

Nov21

Nov22

Nov23

Nov24

Equity-to-Asset

-2.09

-0.10

-3.01

-1.81

Ankam Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Equity-to-Asset	Get a 7-Day Free Trial										-3.01	-2.05	-2.55	-1.66	-1.81

Competitive Comparison of Ankam's Equity-to-Asset

For the Software - Application subindustry, Ankam'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.

Ankam's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Ankam's Equity-to-Asset distribution charts can be found below:

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

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Ankam 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.

Ankam's Equity to Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Equity to Asset (A: Nov. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.324	/	0.179
	=	-1.81

Ankam's Equity to Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Equity to Asset (Q: Nov. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.324	/	0.179
	=	-1.81

Ankam (OTCPK:ANKM) 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%.

Ankam Equity-to-Asset Related Terms

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

Ankam Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ankam Inc (OTCPK:ANKM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5348 Vegas Drive, Las Vegas, NV, USA, 89108

Website

https://www.ankam.net

Ankam Inc actively works in two directions: application development MoneySaver App and crypto wallet project. MoneySaver App is an application created to aggregate various discount cards on a mobile device. The main advantage of the MoneySaver App is that the user can easily access any discounts at any moment from anywhere. The idea of the app appeared as a way of simplifying the use of discount cards, enabling people to share them with anyone and get new discounts. It is also focused on developing and implementing the cryptocurrency wallet project. The Company creates a service with the ability to manage cryptocurrency funds. The cryptocurrency wallet will have the functionality of buying coins by bank deposit and payment gateway.

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