ETCK (EnerTeck) Equity-to-Asset: -39.51 (As of Sep. 2023)

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ETCK EnerTeck Corp ETCK
12 GF Score
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What is EnerTeck Equity-to-Asset?

EnerTeck ETCK 12 Equity-to-Asset is -39.51 as of Sep. 2023. GuruFocus rates ETCK with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EnerTeck's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-12.66 Mil. EnerTeck's Total Assets for the quarter that ended in Sep. 2023 was $0.32 Mil. Therefore, EnerTeck's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -39.51.

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

ETCK's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.6
* Ranked among companies with meaningful Equity-to-Asset only.

EnerTeck  (OTCPK:ETCK) 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%.


EnerTeck Equity-to-Asset Related Terms


EnerTeck Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for EnerTeck'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.

EnerTeck Equity-to-Asset Chart

EnerTeck Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.81 -30.53 -25.56 -39.33 -37.45

EnerTeck Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -29.59 -37.45 -33.12 -34.51 -39.51

ETCK vs LIN, SHW, ECL: Equity-to-Asset Comparison

For the Specialty Chemicals subindustry, EnerTeck'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.


EnerTeck Equity-to-Asset vs Chemicals Industry

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

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


ETCK
12GF Score
EnerTeck Corp ETCK
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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EnerTeck 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.

EnerTeck'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
=-11.788335/0.314811
=-37.45

EnerTeck's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-12.659561/0.320436
=-39.51

* 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 -39.51 mean?
EnerTeck (ETCK) has a Equity-to-Asset of -39.51 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on EnerTeck and its competitors.
Is EnerTeck's Equity-to-Asset too high?
EnerTeck's current Equity-to-Asset is -39.51. Overall, EnerTeck has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EnerTeck's Equity-to-Asset compare to LIN and SHW?
EnerTeck's Equity-to-Asset of -39.51 can be compared against companies in the Chemicals industry. The industry median Equity-to-Asset is 0.60. 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,624 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 EnerTeck and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EnerTeck's current Equity-to-Asset is -39.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EnerTeck stock overvalued right now?
EnerTeck (ETCK) has a current Equity-to-Asset of -39.51. The current Equity-to-Asset is -39.51. EnerTeck's overall GF Score™ is 12/100. 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 EnerTeck (ETCK), the current Equity-to-Asset is -39.51 as of Sep. 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.

EnerTeck Business Description

Address 10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
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