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TOL Gases (DAR:TOL) Equity-to-Asset : 0.00 (As of . 20)


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What is TOL Gases Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TOL Gases's Total Stockholders Equity for the quarter that ended in . 20 was TZS0.00 Mil. TOL Gases's Total Assets for the quarter that ended in . 20 was TZS0.00 Mil.

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

DAR:TOL's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

TOL Gases Equity-to-Asset Historical Data

The historical data trend for TOL Gases'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.

TOL Gases Equity-to-Asset Chart

TOL Gases Annual Data
Trend
Equity-to-Asset

TOL Gases Semi-Annual Data
Equity-to-Asset

Competitive Comparison of TOL Gases's Equity-to-Asset

For the Specialty Chemicals subindustry, TOL Gases'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.


TOL Gases's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOL Gases's Equity-to-Asset distribution charts can be found below:

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



TOL Gases 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.

TOL Gases's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
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TOL Gases's Equity to Asset Ratio for the quarter that ended in . 20 is calculated as

Equity to Asset (Q: . 20 )=Total Stockholders Equity/Total Assets
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=

* 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.


TOL Gases  (DAR:TOL) 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%.


TOL Gases Equity-to-Asset Related Terms

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


TOL Gases Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4B Nyerere Road, P.O. Box 911, Plot No. 4, Dar es Salaam, TZA
TOL Gases Ltd is engaged in the manufacture and distribution of industrial gases, welding equipment, and medical gases, among others. It offers products such as oxygen, compressed air, argon, nitrogen, and ammonia.