EL (ASX:EIM) Equity-to-Asset: 0.00 (As of Dec. 2013)

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What is EL Equity-to-Asset?

EL ASX:EIM Equity-to-Asset is 0.00 as of Dec. 2013. The stock has 3 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EL's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$0.00 Mil. EL's Total Assets for the quarter that ended in Dec. 2013 was A$0.76 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of EL was 0.06. The lowest was -0.82. And the median was -0.13.

ASX:EIM's Equity-to-Asset is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Equity-to-Asset only.

EL  (ASX:EIM) 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%.

EL Equity-to-Asset Related Terms

EL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for EL'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.

EL Equity-to-Asset Chart

EL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 -7.33 -1.02 0.24 0.00

EL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 -1.02 0.45 0.24 0.10 0.00

EL Equity-to-Asset Competitor Comparison

For the subindustry, EL'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.

EL Equity-to-Asset vs Industry

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

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


EL 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.

EL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=0.002/0.757
=

EL's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=0.002/0.757
=

* 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 0.00 mean?
EL (ASX:EIM) has a Equity-to-Asset of 0.00 as of Dec. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on EL and its competitors.
Is EL's Equity-to-Asset too high?
EL's current Equity-to-Asset is 0.00.
How does EL's Equity-to-Asset compare to competitors?
EL's Equity-to-Asset is 0.00. 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 company?
A good Equity-to-Asset depends on the industry context. 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 EL and its competitors. EL's current Equity-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EL stock overvalued right now?
EL (ASX:EIM) has a current Equity-to-Asset of 0.00. The current Equity-to-Asset is 0.00. 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 EL (ASX:EIM), the current Equity-to-Asset is 0.00 as of Dec. 2013. 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.

EL Business Description

Industry
EL Corporation Limited was incorporated and domiciled in Australia. The Company's activities during the financial year were the import, design, sales, service and support of computer and communication systems and equipment; provision of information technology education, systems design; and integration and development of consultancy services. The activities were changed at the annual general meeting held on 31st May 2012, with shareholders' approval to include mining and exploration activities in connection with the intended acquisition of the Birthday Mine. The Company operates in Australia, New Zealand, and Taiwan.