BIOAF (Bioasis Technologies) Equity-to-Asset: -1.53 (As of Nov. 2022)

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BIOAF Bioasis Technologies Inc BIOAF
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What is Bioasis Technologies Equity-to-Asset?

Bioasis Technologies BIOAF 12 Equity-to-Asset is -1.53 as of Nov. 2022. GuruFocus rates BIOAF with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bioasis Technologies's Total Stockholders Equity for the quarter that ended in Nov. 2022 was $-1.99 Mil. Bioasis Technologies's Total Assets for the quarter that ended in Nov. 2022 was $1.30 Mil. Therefore, Bioasis Technologies's Equity to Asset Ratio for the quarter that ended in Nov. 2022 was -1.53.

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

BIOAF's Equity-to-Asset is not ranked *
in the Biotechnology industry.
Industry Median: 0.69
* Ranked among companies with meaningful Equity-to-Asset only.

Bioasis Technologies  (OTCPK:BIOAF) 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%.


Bioasis Technologies Equity-to-Asset Related Terms


Bioasis Technologies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Bioasis Technologies'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.

Bioasis Technologies Equity-to-Asset Chart

Bioasis Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 -0.31 -2.64 0.12 -0.85

Bioasis Technologies Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 -0.52 -0.85 -1.66 -0.73 -1.53

BIOAF vs VRTX, REGN, SGEN: Equity-to-Asset Comparison

For the Biotechnology subindustry, Bioasis Technologies'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.


Bioasis Technologies Equity-to-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bioasis Technologies's Equity-to-Asset distribution charts can be found below:

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


BIOAF
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Bioasis Technologies Inc BIOAF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Bioasis Technologies 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.

Bioasis Technologies's Equity to Asset Ratio for the fiscal year that ended in Feb. 2022 is calculated as

Equity to Asset (A: Feb. 2022 )=Total Stockholders Equity/Total Assets
=-1.5116978751922/1.7864926873497
=-0.85

Bioasis Technologies's Equity to Asset Ratio for the quarter that ended in Nov. 2022 is calculated as

Equity to Asset (Q: Nov. 2022 )=Total Stockholders Equity/Total Assets
=-1.9894519436453/1.3004986353913
=-1.53

* 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 -1.53 mean?
Bioasis Technologies (BIOAF) has a Equity-to-Asset of -1.53 as of Nov. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bioasis Technologies and its competitors.
Is Bioasis Technologies' Equity-to-Asset too high?
Bioasis Technologies' current Equity-to-Asset is -1.53. Overall, Bioasis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bioasis Technologies' Equity-to-Asset compare to VRTX and REGN?
Bioasis Technologies' Equity-to-Asset of -1.53 can be compared against companies in the Biotechnology industry. The industry median Equity-to-Asset is 0.69. 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 Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.69, based on 1,412 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 Bioasis Technologies and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bioasis Technologies's current Equity-to-Asset is -1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bioasis Technologies stock overvalued right now?
Bioasis Technologies (BIOAF) has a current Equity-to-Asset of -1.53. The current Equity-to-Asset is -1.53. Bioasis Technologies' overall GF Score™ is 12/100. 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 Bioasis Technologies (BIOAF), the current Equity-to-Asset is -1.53 as of Nov. 2022. 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.

Bioasis Technologies Business Description

Address 157 Church Street, 19th Floor, New Haven, CT, USA, 06510
Bioasis Technologies Inc is a development stage biopharmaceutical company engaged in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. The company's xB3 program describes its proprietary carrier, p97, and components thereof, to deliver therapeutics across the blood-brain barrier (BBB).
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