DWDZF (Jeotex) Equity-to-Asset: -13.34 (As of Dec. 2018)

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What is Jeotex Equity-to-Asset?

Jeotex DWDZF -99.00% Equity-to-Asset is -13.34 as of Dec. 2018.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jeotex's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-28.66 Mil. Jeotex's Total Assets for the quarter that ended in Dec. 2018 was $2.15 Mil. Therefore, Jeotex's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was -13.34.

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

DWDZF's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Jeotex  (OTCPK:DWDZF) 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%.


Jeotex Equity-to-Asset Related Terms


Jeotex Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Jeotex'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.

Jeotex Equity-to-Asset Chart

Jeotex Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Equity-to-Asset
Get a 7-Day Free Trial -0.44 0.44 0.23 -0.77 -5.82

Jeotex Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 Premium Member Only Premium Member Only Premium Member Only -2.49 -5.82 -9.77 -11.91 -13.34

DWDZF vs CRTG, SFIV, ITOX: Equity-to-Asset Comparison

For the Computer Hardware subindustry, Jeotex'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.


Jeotex Equity-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Jeotex's Equity-to-Asset distribution charts can be found below:

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



Jeotex 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.

Jeotex's Equity to Asset Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Equity to Asset (A: Mar. 2018 )=Total Stockholders Equity/Total Assets
=-26.481/4.548
=-5.82

Jeotex's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=-28.662/2.149
=-13.34

* 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 -13.34 mean?
Jeotex (DWDZF) has a Equity-to-Asset of -13.34 as of Dec. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Jeotex and its competitors.
Is Jeotex's Equity-to-Asset too high?
Jeotex's current Equity-to-Asset is -13.34.
How does Jeotex's Equity-to-Asset compare to CRTG and SFIV?
Jeotex's Equity-to-Asset of -13.34 can be compared against companies in the Hardware industry. The industry median Equity-to-Asset is 0.57. 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,498 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 Jeotex and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jeotex's current Equity-to-Asset is -13.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jeotex stock overvalued right now?
Jeotex (DWDZF) has a current Equity-to-Asset of -13.34. The current Equity-to-Asset is -13.34. 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 Jeotex (DWDZF), the current Equity-to-Asset is -13.34 as of Dec. 2018. 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.

Jeotex Business Description

Address 1450 Meyerside Drive, Suite 200, Mississauga, ON, CAN, L5T 2N5
Jeotex Inc, formerly DataWind Inc is an Internet connectivity and wireless web access products, provider. The company offers a range of Ubislate Tablets and PocketSurfer Smartphones which include Ubislate 3G10Z, Ubislate i3G7, Ubislate 9W, Ubislate 7DCX+ and Ubislate 7SC as well as Pocket Surfer GZ, Pocket Surfer 2G4X, Pocket Surfer 3G4X, Pocket Surfer 3G4Z and Pocket Surfer 3G5. It has operations worldwide and generates revenue mainly by selling devices and by providing connection and data service.