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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CleanGo Innovations's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $-0.72 Mil. CleanGo Innovations's Total Assets for the quarter that ended in Dec. 2025 was $0.21 Mil.
Therefore, CleanGo Innovations's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was -3.46.
The historical rank and industry rank for CleanGo Innovations's Equity-to-Asset or its related term are showing as below:
CLGOF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -18.13 Med: -1.7 Max: 0.63
Current: -3.45
During the past 10 years, the highest Equity to Asset Ratio of CleanGo Innovations was 0.63. The lowest was -18.13. And the median was -1.70.
CLGOF's Equity-to-Asset is ranked worse than 99% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 0.55
vs CLGOF: -3.45
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%.
CleanGo Innovations Equity-to-Asset Related Terms
CleanGo Innovations Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for CleanGo Innovations'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.
For the Household & Personal Products subindustry, CleanGo Innovations'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.
CleanGo Innovations Equity-to-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, CleanGo Innovations's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CleanGo Innovations's Equity-to-Asset falls into.
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.
CleanGo Innovations's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CleanGo Innovations (CLGOF) has a Equity-to-Asset of -3.46 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CleanGo Innovations and its competitors. According to the industry distribution chart, CleanGo Innovations ranks #1975 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 99%.
Is CleanGo Innovations' Equity-to-Asset too high?
CleanGo Innovations' current Equity-to-Asset is -3.46. Based on the distribution chart, CleanGo Innovations ranks #1975 out of 1995 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, CleanGo Innovations has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CleanGo Innovations' Equity-to-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, CleanGo Innovations ranks #1975 out of 1995 companies for Equity-to-Asset. This places CleanGo Innovations in the lower half of its industry. The industry median Equity-to-Asset is 0.55. 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 Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 1,995 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 CleanGo Innovations and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanGo Innovations's current Equity-to-Asset is -3.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanGo Innovations stock overvalued right now?
Based on GuruFocus' analysis, CleanGo Innovations (CLGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.27, compared to a current price of $0.64 — trading 137% above its estimated fair value. The current Equity-to-Asset is -3.46. CleanGo Innovations' overall GF Score™ is 18/100 with 9 warning signs to review. 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 CleanGo Innovations (CLGOF), the current Equity-to-Asset is -3.46 as of Dec. 2025. 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.
Is CleanGo Innovations (CLGOF) Overvalued in 2026?
Based on GuruFocus' analysis, CleanGo Innovations stock appears to be overvalued.
The current stock price of $0.64 is trading 137% above its estimated GF Value™ of $0.27.
GuruFocus considers CleanGo Innovations to be Significantly Overvalued.
Key valuation signals for CLGOF:
Equity-to-Asset: -3.46
GF Value™: $0.27 vs. price of $0.64 (137% above fair value)
No single metric tells the full story. See the CLGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CleanGo Innovations Inc principal business activity is to manufacture and sell cleaning, disinfecting and industrial solutions using a proprietary formula which is non-toxic, biodegradable and uses no harsh chemicals to provide a green cleaning, disinfecting and emulsifying solution to buyers. The Company has two reportable and operating segments which supply cleaning and disinfecting products to customers directly or through online distributers. Geographically the company has presence in Canada and USA. The company generates the majority of its revenue from Canada.
18GF Score
Get the complete analysis for CLGOF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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