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Avitar (Avitar) Equity-to-Asset : -7.64 (As of Dec. 2007)


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What is Avitar Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avitar's Total Stockholders Equity for the quarter that ended in Dec. 2007 was $-11.10 Mil. Avitar's Total Assets for the quarter that ended in Dec. 2007 was $1.45 Mil. Therefore, Avitar's Equity to Asset Ratio for the quarter that ended in Dec. 2007 was -7.64.

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

AVTI's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.64
* Ranked among companies with meaningful Equity-to-Asset only.

Avitar Equity-to-Asset Historical Data

The historical data trend for Avitar'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.

Avitar Equity-to-Asset Chart

Avitar Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 -0.28 -1.90 -3.49 -5.63

Avitar Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 -4.37 -5.64 -5.48 -5.63 -7.64

Competitive Comparison of Avitar's Equity-to-Asset

For the Medical Devices subindustry, Avitar'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.


Avitar's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

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

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



Avitar 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.

Avitar's Equity to Asset Ratio for the fiscal year that ended in Sep. 2007 is calculated as

Equity to Asset (A: Sep. 2007 )=Total Stockholders Equity/Total Assets
=-9.846/1.748
=-5.63

Avitar's Equity to Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

Equity to Asset (Q: Dec. 2007 )=Total Stockholders Equity/Total Assets
=-11.099/1.452
=-7.64

* 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.


Avitar  (OTCPK:AVTI) 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%.


Avitar Equity-to-Asset Related Terms

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


Avitar (Avitar) Business Description

Traded in Other Exchanges
N/A
Address
5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9
Website
Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.

Avitar (Avitar) Headlines