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Itoco (ITMC) Equity-to-Asset : -1.86 (As of Sep. 2010)


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What is Itoco Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Itoco's Total Stockholders Equity for the quarter that ended in Sep. 2010 was $-3.57 Mil. Itoco's Total Assets for the quarter that ended in Sep. 2010 was $1.92 Mil. Therefore, Itoco's Equity to Asset Ratio for the quarter that ended in Sep. 2010 was -1.86.

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

ITMC's Equity-to-Asset is not ranked *
in the Biotechnology industry.
Industry Median: 0.67
* Ranked among companies with meaningful Equity-to-Asset only.

Itoco Equity-to-Asset Historical Data

The historical data trend for Itoco'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.

Itoco Equity-to-Asset Chart

Itoco Annual Data
Trend Dec08 Dec09
Equity-to-Asset
-0.11 -1.02

Itoco Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 -1.02 -1.02 -1.89 -1.86

Competitive Comparison of Itoco's Equity-to-Asset

For the Biotechnology subindustry, Itoco'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.


Itoco's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Itoco's Equity-to-Asset distribution charts can be found below:

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



Itoco 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.

Itoco's Equity to Asset Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Equity to Asset (A: Dec. 2009 )=Total Stockholders Equity/Total Assets
=-3.335/3.28
=-1.02

Itoco's Equity to Asset Ratio for the quarter that ended in Sep. 2010 is calculated as

Equity to Asset (Q: Sep. 2010 )=Total Stockholders Equity/Total Assets
=-3.568/1.915
=-1.86

* 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.


Itoco  (OTCPK:ITMC) 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%.


Itoco Equity-to-Asset Related Terms

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


Itoco (ITMC) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Itoco Inc is focused on developing and bringing biotech products to the market via co-development and joint venture arrangements with various companies. The company is currently examining various technologies that seek to control and/or identify bio-contaminants such as viruses and bacteria.