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McHenry Metals Golf (McHenry Metals Golf) Equity-to-Asset : -21.11 (As of Sep. 2001)


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What is McHenry Metals Golf Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. McHenry Metals Golf's Total Stockholders Equity for the quarter that ended in Sep. 2001 was $-2.09 Mil. McHenry Metals Golf's Total Assets for the quarter that ended in Sep. 2001 was $0.10 Mil. Therefore, McHenry Metals Golf's Equity to Asset Ratio for the quarter that ended in Sep. 2001 was -21.11.

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

GLFN's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

McHenry Metals Golf Equity-to-Asset Historical Data

The historical data trend for McHenry Metals Golf'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.

McHenry Metals Golf Equity-to-Asset Chart

McHenry Metals Golf Annual Data
Trend Dec99 Dec00
Equity-to-Asset
-2.17 -4.38

McHenry Metals Golf Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01
Equity-to-Asset Get a 7-Day Free Trial -1.81 -4.38 -9.01 -11.75 -21.11

Competitive Comparison of McHenry Metals Golf's Equity-to-Asset

For the Leisure subindustry, McHenry Metals Golf'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.


McHenry Metals Golf's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, McHenry Metals Golf's Equity-to-Asset distribution charts can be found below:

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



McHenry Metals Golf 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.

McHenry Metals Golf's Equity to Asset Ratio for the fiscal year that ended in Dec. 2000 is calculated as

Equity to Asset (A: Dec. 2000 )=Total Stockholders Equity/Total Assets
=-1.925/0.44
=-4.38

McHenry Metals Golf's Equity to Asset Ratio for the quarter that ended in Sep. 2001 is calculated as

Equity to Asset (Q: Sep. 2001 )=Total Stockholders Equity/Total Assets
=-2.09/0.099
=-21.11

* 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.


McHenry Metals Golf  (OTCPK:GLFN) 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%.


McHenry Metals Golf Equity-to-Asset Related Terms

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McHenry Metals Golf (McHenry Metals Golf) Business Description

Traded in Other Exchanges
N/A
Address
4502 Marquette Avenue, Jacksonville, FL, USA
McHenry Metals Golf Corp designs, develops and markets golf clubs. The company's products include drivers, hybrids, wedges, woods and other accessories related to golf.

McHenry Metals Golf (McHenry Metals Golf) Headlines

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