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ATAO (Altair International) Equity-to-Asset : 0.00 (As of Sep. 2024)


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What is Altair International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Altair International's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.23 Mil. Altair International's Total Assets for the quarter that ended in Sep. 2024 was $0.00 Mil.

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

ATAO' s Equity-to-Asset Range Over the Past 10 Years
Min: -521   Med: -3.95   Max: 0.12
Current: -18.73

During the past 12 years, the highest Equity to Asset Ratio of Altair International was 0.12. The lowest was -521.00. And the median was -3.95.

ATAO's Equity-to-Asset is ranked worse than
97.69% of 2685 companies
in the Metals & Mining industry
Industry Median: 0.78 vs ATAO: -18.73

Altair International Equity-to-Asset Historical Data

The historical data trend for Altair International'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.

Altair International Equity-to-Asset Chart

Altair International Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.00 -1.64 0.05 -3.95 -16.64

Altair International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 -9.61 -22.31 -16.64 -18.73 -

Competitive Comparison of Altair International's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Altair International'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.


Altair International's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altair International's Equity-to-Asset distribution charts can be found below:

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



Altair International 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.

Altair International's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-0.183/0.011
=

Altair International's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-0.23/0
=

* 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.


Altair International  (OTCPK:ATAO) 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%.


Altair International Equity-to-Asset Related Terms

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


Altair International Business Description

Traded in Other Exchanges
N/A
Address
322 North Shore Drive, Building 1B, Suite 200, Pittsburgh, PA, USA, 15212
Altair International Corp is currently engaged in identifying and assessing new business opportunities. The company had Interests In the Lithium And Gold Mining Sectors. Its projects include Stonewall and Walker Ridge.
Executives
Leonard Lovallo director, 10 percent owner, officer: President and CEO 322 NORTH SHORE DRIVE, BUILDING 1B, SUITE 200, PITTSBURGH PA 15212
Fourth Street Fund, Lp 10 percent owner 4047 ST GEORGES CT, DULUTH GA 30096
Erop Capital Llc other: Owner of 9.9% of Issuer 912 HOLCOMB BRIDGE ROAD, STE 101, ROSWELL GA 30076
Alan M Smith director, 10 percent owner, officer: President and CEO 1624 MARKET STREET, SUITE 202, DENVER CO 80202