DVLP (Golden Developing Solutions) Equity-to-Asset: -0.16 (As of Jun. 2023)

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What is Golden Developing Solutions Equity-to-Asset?

Golden Developing Solutions DVLP -90.00% Equity-to-Asset is -0.16 as of Jun. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Developing Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.27 Mil. Golden Developing Solutions's Total Assets for the quarter that ended in Jun. 2023 was $7.92 Mil. Therefore, Golden Developing Solutions's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -0.16.

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

DVLP's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.61
* Ranked among companies with meaningful Equity-to-Asset only.

Golden Developing Solutions  (OTCPK:DVLP) 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%.


Golden Developing Solutions Equity-to-Asset Related Terms


Golden Developing Solutions Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Equity-to-Asset Chart

Golden Developing Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.07 0.00 -89.73 0.23

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 -824.00 0.00 0.23 0.02 -0.16

DVLP vs CSTF, BLMS, BBBT: Equity-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Golden Developing Solutions'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.


Golden Developing Solutions Equity-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Golden Developing Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Developing Solutions's Equity-to-Asset falls into.



Golden Developing Solutions 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.

Golden Developing Solutions's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=2.041/8.713
=

Golden Developing Solutions's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-1.274/7.921
=-0.16

* 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 -0.16 mean?
Golden Developing Solutions (DVLP) has a Equity-to-Asset of -0.16 as of Jun. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Golden Developing Solutions and its competitors.
Is Golden Developing Solutions' Equity-to-Asset too high?
Golden Developing Solutions' current Equity-to-Asset is -0.16.
How does Golden Developing Solutions' Equity-to-Asset compare to CSTF and BLMS?
Golden Developing Solutions' Equity-to-Asset of -0.16 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.61. 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 Drug Manufacturers company?
The median Equity-to-Asset among Drug Manufacturers companies is 0.61, based on 1,007 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 Golden Developing Solutions and its competitors. For the Drug Manufacturers industry, the median Equity-to-Asset is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Developing Solutions's current Equity-to-Asset is -0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Equity-to-Asset of -0.16. The current Equity-to-Asset is -0.16. 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 Golden Developing Solutions (DVLP), the current Equity-to-Asset is -0.16 as of Jun. 2023. 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.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.