CBMDF (CBM Asia Development) Equity-to-Asset: -0.26 (As of Sep. 2013)

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What is CBM Asia Development Equity-to-Asset?

CBM Asia Development CBMDF -90.00% Equity-to-Asset is -0.26 as of Sep. 2013.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CBM Asia Development's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $-0.42 Mil. CBM Asia Development's Total Assets for the quarter that ended in Sep. 2013 was $1.61 Mil.

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

CBMDF's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

CBM Asia Development  (OTCPK:CBMDF) 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%.

CBM Asia Development Equity-to-Asset Related Terms

CBM Asia Development Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for CBM Asia Development'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.

CBM Asia Development Equity-to-Asset Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial 0.88 0.96 0.41 0.28 0.68

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.93 0.68 0.38 -0.50 -0.26

CBMDF vs IFNY, EXNT: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, CBM Asia Development'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.

CBM Asia Development Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CBM Asia Development's Equity-to-Asset distribution charts can be found below:

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


CBM Asia Development 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.

CBM Asia Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=2.285/3.36
=

CBM Asia Development's Equity to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Equity to Asset (Q: Sep. 2013 )=Total Stockholders Equity/Total Assets
=-0.42/1.605
=

* 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 -0.26 mean?
CBM Asia Development (CBMDF) has a Equity-to-Asset of -0.26 as of Sep. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CBM Asia Development and its competitors.
Is CBM Asia Development's Equity-to-Asset too high?
CBM Asia Development's current Equity-to-Asset is -0.26.
How does CBM Asia Development's Equity-to-Asset compare to IFNY and EXNT?
CBM Asia Development's Equity-to-Asset of -0.26 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. 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 Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 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 CBM Asia Development and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBM Asia Development's current Equity-to-Asset is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBM Asia Development stock overvalued right now?
CBM Asia Development (CBMDF) has a current Equity-to-Asset of -0.26. The current Equity-to-Asset is -0.26. 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 CBM Asia Development (CBMDF), the current Equity-to-Asset is -0.26 as of Sep. 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.

CBM Asia Development Business Description

Industry EnergyOil & Gas
Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.