CBTC (XTRA Bitcoin) Equity-to-Asset: -3.21 (As of Dec. 2011)

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What is XTRA Bitcoin Equity-to-Asset?

XTRA Bitcoin CBTC -14.29% Equity-to-Asset is -3.21 as of Dec. 2011.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. XTRA Bitcoin's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $-0.29 Mil. XTRA Bitcoin's Total Assets for the quarter that ended in Dec. 2011 was $0.09 Mil.

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

CBTC's Equity-to-Asset is not ranked *
in the Capital Markets industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

XTRA Bitcoin  (OTCPK:CBTC) 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%.


XTRA Bitcoin Equity-to-Asset Related Terms


XTRA Bitcoin Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for XTRA Bitcoin'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.

XTRA Bitcoin Equity-to-Asset Chart

XTRA Bitcoin Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Equity-to-Asset
Get a 7-Day Free Trial 0.19 1.00 0.00 -9.98 -3.21

XTRA Bitcoin Quarterly Data
Dec06 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -9.98 -9.98 -9.95 -3.14 -3.21

CBTC vs RGNP, CTHR, BGI: Equity-to-Asset Comparison

For the Capital Markets subindustry, XTRA Bitcoin'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.


XTRA Bitcoin Equity-to-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, XTRA Bitcoin's Equity-to-Asset distribution charts can be found below:

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



XTRA Bitcoin 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.

XTRA Bitcoin's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )=Total Stockholders Equity/Total Assets
=-0.292/0.091
=

XTRA Bitcoin's Equity to Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

Equity to Asset (Q: Dec. 2011 )=Total Stockholders Equity/Total Assets
=-0.292/0.091
=

* 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 -3.21 mean?
XTRA Bitcoin (CBTC) has a Equity-to-Asset of -3.21 as of Dec. 2011. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on XTRA Bitcoin and its competitors.
Is XTRA Bitcoin's Equity-to-Asset too high?
XTRA Bitcoin's current Equity-to-Asset is -3.21.
How does XTRA Bitcoin's Equity-to-Asset compare to RGNP and CTHR?
XTRA Bitcoin's Equity-to-Asset of -3.21 can be compared against companies in the Capital Markets industry. The industry median Equity-to-Asset is 0.50. 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 Capital Markets company?
The median Equity-to-Asset among Capital Markets companies is 0.50, based on 815 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 XTRA Bitcoin and its competitors. For the Capital Markets industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XTRA Bitcoin's current Equity-to-Asset is -3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XTRA Bitcoin stock overvalued right now?
XTRA Bitcoin (CBTC) has a current Equity-to-Asset of -3.21. The current Equity-to-Asset is -3.21. 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 XTRA Bitcoin (CBTC), the current Equity-to-Asset is -3.21 as of Dec. 2011. 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.

XTRA Bitcoin Business Description

Address 912 Bobwhite Street, Fruitland, ID, USA, 83619
XTRA Bitcoin Inc is a United States-based company engaged in the business of Bitcoin mining.