Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Crypto Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-4.22 Mil. The Crypto Co's Total Assets for the quarter that ended in Mar. 2024 was $1.30 Mil.
Therefore, The Crypto Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -3.24.
The historical rank and industry rank for The Crypto Co's Equity-to-Asset or its related term are showing as below:
CRCW'
s Equity-to-Asset Range Over the Past 10 Years
Min: -975 Med: -1.62 Max: 0.96
Current: -3.24
During the past 9 years, the highest Equity to Asset Ratio of The Crypto Co was 0.96. The lowest was -975.00. And the median was -1.62.
CRCW's Equity-to-Asset is ranked worse than 97.58% of 2846
companies
in the Software industry
Industry Median: 0.55
vs CRCW: -3.24
The Crypto Co Equity-to-Asset Historical Data
The historical data trend for The Crypto Co'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.
Competitive Comparison of The Crypto Co's Equity-to-Asset
For the Information Technology Services subindustry, The Crypto Co'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.
The Crypto Co's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, The Crypto Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where The Crypto Co's Equity-to-Asset falls into.
The Crypto Co 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.
The Crypto Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
The Crypto Co (OTCPK:CRCW) 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%.
The Crypto Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of The Crypto Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
The Crypto Co (The Crypto Co) Business Description
The Crypto Co is a United States-based company. It is engaged in the business of providing consulting services and education for distributed ledger technologies for the building of technological infrastructure and enterprise blockchain technology solutions.
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