BLONF (CO2 Gro) Equity-to-Asset: 0.33 (As of Sep. 2023)

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What is CO2 Gro Equity-to-Asset?

CO2 Gro BLONF -99.95% Equity-to-Asset is 0.33 as of Sep. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CO2 Gro's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.18 Mil. CO2 Gro's Total Assets for the quarter that ended in Sep. 2023 was $0.53 Mil. Therefore, CO2 Gro's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.33.

The historical rank and industry rank for CO2 Gro's Equity-to-Asset or its related term are showing as below:

BLONF's Equity-to-Asset is not ranked *
in the Agriculture industry.
Industry Median: 0.53
* Ranked among companies with meaningful Equity-to-Asset only.

CO2 Gro  (OTCPK:BLONF) 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%.


CO2 Gro Equity-to-Asset Related Terms


CO2 Gro Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for CO2 Gro'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.

CO2 Gro Equity-to-Asset Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.57 0.77 0.50 0.65

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.82 0.79 0.65 0.56 0.33

BLONF vs CTVA, CF, MOS: Equity-to-Asset Comparison

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro Equity-to-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Equity-to-Asset falls into.



CO2 Gro 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.

CO2 Gro's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=0.678/1.048
=0.65

CO2 Gro's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.175/0.525
=0.33

* 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 0.33 mean?
CO2 Gro (BLONF) has a Equity-to-Asset of 0.33 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CO2 Gro and its competitors.
Is CO2 Gro's Equity-to-Asset too high?
CO2 Gro's current Equity-to-Asset is 0.33. The Agriculture industry median Equity-to-Asset is 0.53. CO2 Gro's value of 0.33 is 37.7% below this industry median.
How does CO2 Gro's Equity-to-Asset compare to CTVA and CF?
CO2 Gro's Equity-to-Asset of 0.33 can be compared against companies in the Agriculture industry. The industry median Equity-to-Asset is 0.53. CO2 Gro's value of 0.33 is 37.7% below this benchmark. 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 an Agriculture company?
The median Equity-to-Asset among Agriculture companies is 0.53, based on 260 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. CO2 Gro's current Equity-to-Asset of 0.33 is 37.7% below the industry median. 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 CO2 Gro and its competitors. For the Agriculture industry, the median Equity-to-Asset is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CO2 Gro's current Equity-to-Asset is 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CO2 Gro stock overvalued right now?
CO2 Gro (BLONF) has a current Equity-to-Asset of 0.33. The current Equity-to-Asset is 0.33 and 37.7% below the Agriculture industry median of 0.53. 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 CO2 Gro (BLONF), the current Equity-to-Asset is 0.33 as of Sep. 2023. 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.

CO2 Gro Business Description

Address 40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 Gro Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.