ASFX (American Scientific Resources) Equity-to-Asset: -6.31 (As of Sep. 2011)

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What is American Scientific Resources Equity-to-Asset?

American Scientific Resources ASFX -96.67% Equity-to-Asset is -6.31 as of Sep. 2011.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Scientific Resources's Total Stockholders Equity for the quarter that ended in Sep. 2011 was $-7.95 Mil. American Scientific Resources's Total Assets for the quarter that ended in Sep. 2011 was $1.26 Mil. Therefore, American Scientific Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2011 was -6.31.

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

ASFX's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.65
* Ranked among companies with meaningful Equity-to-Asset only.

American Scientific Resources  (OTCPK:ASFX) 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 Scientific Resources Equity-to-Asset Related Terms

American Scientific Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for American Scientific Resources'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.

American Scientific Resources Equity-to-Asset Chart

American Scientific Resources Annual Data
Trend
Equity-to-Asset

American Scientific Resources Quarterly Data
Sep10 Sep11
Equity-to-Asset 0.00 -6.31

ASFX vs GNID, QTXB, ASNB: Equity-to-Asset Comparison

For the Medical Instruments & Supplies subindustry, American Scientific Resources'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 Scientific Resources Equity-to-Asset vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, American Scientific Resources's Equity-to-Asset distribution charts can be found below:

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


American Scientific Resources 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 Scientific Resources's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

American Scientific Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

Equity to Asset (Q: Sep. 2011 )=Total Stockholders Equity/Total Assets
=-7.954/1.261
=-6.31

* 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 -6.31 mean?
American Scientific Resources (ASFX) has a Equity-to-Asset of -6.31 as of Sep. 2011. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on American Scientific Resources and its competitors.
Is American Scientific Resources' Equity-to-Asset too high?
American Scientific Resources' current Equity-to-Asset is -6.31.
How does American Scientific Resources' Equity-to-Asset compare to GNID and QTXB?
American Scientific Resources' Equity-to-Asset of -6.31 can be compared against companies in the Medical Devices & Instruments industry. The industry median Equity-to-Asset is 0.65. 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 Medical Devices & Instruments company?
The median Equity-to-Asset among Medical Devices & Instruments companies is 0.65, based on 853 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 American Scientific Resources and its competitors. For the Medical Devices & Instruments industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Scientific Resources's current Equity-to-Asset is -6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Scientific Resources stock overvalued right now?
American Scientific Resources (ASFX) has a current Equity-to-Asset of -6.31. The current Equity-to-Asset is -6.31. 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 American Scientific Resources (ASFX), the current Equity-to-Asset is -6.31 as of Sep. 2011. 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.

American Scientific Resources Business Description