China Marine Food Group (China Marine Food Group) Equity-to-Asset : 0.80 (As of Sep. 2013)

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What is China Marine Food Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Marine Food Group's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $122.9 Mil. China Marine Food Group's Total Assets for the quarter that ended in Sep. 2013 was $153.4 Mil. Therefore, China Marine Food Group's Equity to Asset Ratio for the quarter that ended in Sep. 2013 was 0.80.

The historical rank and industry rank for China Marine Food Group's Equity-to-Asset or its related term are showing as below:

CMFO's Equity-to-Asset is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

China Marine Food Group Equity-to-Asset Historical Data

The historical data trend for China Marine Food Group'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.

* Premium members only.

China Marine Food Group Equity-to-Asset Chart

China Marine Food Group Annual Data

Trend

Dec00

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Equity-to-Asset

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0.87

0.88

0.92

0.93

0.86

China Marine Food Group 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															0.87	0.86	0.82	0.82	0.80

Competitive Comparison of China Marine Food Group's Equity-to-Asset

For the Packaged Foods subindustry, China Marine Food Group'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.

China Marine Food Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Marine Food Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Marine Food Group's Equity-to-Asset falls into.

China Marine Food Group 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.

China Marine Food Group'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
	=	126.338	/	146.221
	=	0.86

China Marine Food Group'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
	=	122.892	/	153.384
	=	0.80

China Marine Food Group (OTCPK:CMFO) 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%.

China Marine Food Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of China Marine Food Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Marine Food Group (China Marine Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Marine Food Group Ltd (OTCPK:CMFO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Da Bao Industrial Zone, Shishi, Fujian, CHN, 362700

Website

http://www.china-marine.cn

China Marine Food Group Ltd is engaged in in the business of processing, distribution & sale of processed seafood-based snack foods, as well as the sale of fresh & frozen marine catch & ices. It also offers algae-based soft drinks.

Executives

Phil Frohlich	10 percent owner	1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c.	10 percent owner	1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Jayhawk Capital Management Llc	10 percent owner, other: 13(d) group owning >10%	13021 W 74TH ST, SHAWNEE KS 66216
Kent C Mccarthy	10 percent owner, other: Member 13(d) group owning >10%	930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Jayhawk Private Equity Fund L P	10 percent owner, other: 13(d) group owning >10%	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp	other: Member of the group	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Gp, L.p.	10 percent owner, other: 13(d) group owning >10%	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Hon Wai Ku	officer: Chief Financial Officer	SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000