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Polaris Northstar Capital (HAM:L6V) Equity-to-Asset : -4.80 (As of Sep. 2023)


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What is Polaris Northstar Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Polaris Northstar Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €-1.07 Mil. Polaris Northstar Capital's Total Assets for the quarter that ended in Sep. 2023 was €0.22 Mil. Therefore, Polaris Northstar Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -4.80.

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

HAM:L6V' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.8   Med: 0.92   Max: 1
Current: -4.8

During the past 13 years, the highest Equity to Asset Ratio of Polaris Northstar Capital was 1.00. The lowest was -4.80. And the median was 0.92.

HAM:L6V's Equity-to-Asset is ranked worse than
99.65% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs HAM:L6V: -4.80

Polaris Northstar Capital Equity-to-Asset Historical Data

The historical data trend for Polaris Northstar Capital'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.

Polaris Northstar Capital Equity-to-Asset Chart

Polaris Northstar Capital 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 0.99 0.86 -1.91 0.72 -1.30

Polaris Northstar Capital 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 0.57 -1.30 0.97 0.95 -4.80

Competitive Comparison of Polaris Northstar Capital's Equity-to-Asset

For the Asset Management subindustry, Polaris Northstar Capital'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.


Polaris Northstar Capital's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polaris Northstar Capital's Equity-to-Asset distribution charts can be found below:

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



Polaris Northstar Capital 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.

Polaris Northstar Capital'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
=-0.421/0.325
=

Polaris Northstar Capital'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
=-1.071/0.223
=-4.80

* 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.


Polaris Northstar Capital  (HAM:L6V) 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%.


Polaris Northstar Capital Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Polaris Northstar Capital's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Polaris Northstar Capital (HAM:L6V) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Polaris Northstar Capital Corp is an investment company. The company specializes in providing early-stage financing to private and public companies in the cryptocurrency, blockchain, healthcare and resource sectors.

Polaris Northstar Capital (HAM:L6V) Headlines

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