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HPSIF (Hybrid Power Solutions) Equity-to-Asset : 0.04 (As of Nov. 2024)


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What is Hybrid Power Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hybrid Power Solutions's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $0.08 Mil. Hybrid Power Solutions's Total Assets for the quarter that ended in Nov. 2024 was $2.34 Mil. Therefore, Hybrid Power Solutions's Equity to Asset Ratio for the quarter that ended in Nov. 2024 was 0.04.

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

HPSIF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.96   Med: -0.48   Max: 0.35
Current: 0.04

During the past 4 years, the highest Equity to Asset Ratio of Hybrid Power Solutions was 0.35. The lowest was -0.96. And the median was -0.48.

HPSIF's Equity-to-Asset is ranked worse than
96.6% of 3031 companies
in the Industrial Products industry
Industry Median: 0.57 vs HPSIF: 0.04

Hybrid Power Solutions Equity-to-Asset Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Equity-to-Asset Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23 May24
Equity-to-Asset
-0.45 -0.79 -0.77 0.12

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.48 0.35 0.12 0.09 0.04

Competitive Comparison of Hybrid Power Solutions's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.


Hybrid Power Solutions's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Equity-to-Asset distribution charts can be found below:

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


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Hybrid Power Solutions 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.

Hybrid Power Solutions's Equity to Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

Equity to Asset (A: May. 2024 )=Total Stockholders Equity/Total Assets
=0.307/2.669
=0.12

Hybrid Power Solutions's Equity to Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

Equity to Asset (Q: Nov. 2024 )=Total Stockholders Equity/Total Assets
=0.084/2.342
=0.04

* 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.


Hybrid Power Solutions  (OTCPK:HPSIF) 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%.


Hybrid Power Solutions Equity-to-Asset Related Terms

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


Hybrid Power Solutions Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada; Revenue is generated in three geographical markets, being Canada, United States and Netherlands.

Hybrid Power Solutions Headlines