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Green Globe International (Green Globe International) Equity-to-Asset : -13.14 (As of Sep. 2008)


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What is Green Globe International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Green Globe International's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-3.11 Mil. Green Globe International's Total Assets for the quarter that ended in Sep. 2008 was $0.24 Mil. Therefore, Green Globe International's Equity to Asset Ratio for the quarter that ended in Sep. 2008 was -13.14.

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

GGII's Equity-to-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Green Globe International Equity-to-Asset Historical Data

The historical data trend for Green Globe International'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.

Green Globe International Equity-to-Asset Chart

Green Globe International Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Equity-to-Asset
- -1.79 0.74 -7.24 -0.93

Green Globe International Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -0.57 -0.93 -10.41 -11.17 -13.14

Competitive Comparison of Green Globe International's Equity-to-Asset

For the Tobacco subindustry, Green Globe International'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.


Green Globe International's Equity-to-Asset Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Green Globe International's Equity-to-Asset distribution charts can be found below:

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



Green Globe International 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.

Green Globe International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Equity to Asset (A: Dec. 2007 )=Total Stockholders Equity/Total Assets
=-0.221/0.237
=-0.93

Green Globe International's Equity to Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

Equity to Asset (Q: Sep. 2008 )=Total Stockholders Equity/Total Assets
=-3.113/0.237
=-13.14

* 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.


Green Globe International  (OTCPK:GGII) 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%.


Green Globe International Equity-to-Asset Related Terms

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Green Globe International (Green Globe International) Business Description

Traded in Other Exchanges
N/A
Address
8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255
Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.
Executives
David E Jenkins director, 10 percent owner, officer: President 406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262