HMLA (Himalaya Technologies) Equity-to-Asset: -8.23 (As of Apr. 2024)

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What is Himalaya Technologies Equity-to-Asset?

Himalaya Technologies HMLA Equity-to-Asset is -8.23 as of Apr. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Himalaya Technologies's Total Stockholders Equity for the quarter that ended in Apr. 2024 was $-0.73 Mil. Himalaya Technologies's Total Assets for the quarter that ended in Apr. 2024 was $0.09 Mil.

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

HMLA's Equity-to-Asset is not ranked *
in the Interactive Media industry.
Industry Median: 0.65
* Ranked among companies with meaningful Equity-to-Asset only.

Himalaya Technologies  (OTCPK:HMLA) 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%.

Himalaya Technologies Equity-to-Asset Related Terms

Himalaya Technologies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Himalaya Technologies'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.

Himalaya Technologies Equity-to-Asset Chart

Himalaya Technologies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -21.79 -29.31 -2.12 -31.28

Himalaya Technologies Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -3.89 -31.28 -25.69 -4.07 -8.23

HMLA vs FMHS, GOOGL, META: Equity-to-Asset Comparison

For the Internet Content & Information subindustry, Himalaya Technologies'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.

Himalaya Technologies Equity-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Himalaya Technologies's Equity-to-Asset distribution charts can be found below:

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


Himalaya Technologies 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.

Himalaya Technologies's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-1.126/0.036
=

Himalaya Technologies's Equity to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Equity to Asset (Q: Apr. 2024 )=Total Stockholders Equity/Total Assets
=-0.732/0.089
=

* 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 -8.23 mean?
Himalaya Technologies (HMLA) has a Equity-to-Asset of -8.23 as of Apr. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Himalaya Technologies and its competitors.
Is Himalaya Technologies' Equity-to-Asset too high?
Himalaya Technologies' current Equity-to-Asset is -8.23.
How does Himalaya Technologies' Equity-to-Asset compare to FMHS and GOOGL?
Himalaya Technologies' Equity-to-Asset of -8.23 can be compared against companies in the Interactive Media industry. The industry median Equity-to-Asset is 0.65. 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 an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 564 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 Himalaya Technologies and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Himalaya Technologies's current Equity-to-Asset is -8.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Technologies stock overvalued right now?
Himalaya Technologies (HMLA) has a current Equity-to-Asset of -8.23. The current Equity-to-Asset is -8.23. 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 Himalaya Technologies (HMLA), the current Equity-to-Asset is -8.23 as of Apr. 2024. 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.

Himalaya Technologies Business Description

Address 310 E Penn Avenue, Robesonia, PA, USA, 19551
Himalaya Technologies Inc along with its subsidiaries, is targeting information services for health and wellness through their social site Goccha.