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Adamas One (Adamas One) Equity-to-Asset : 0.29 (As of Jun. 2023)


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What is Adamas One Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Adamas One's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $3.81 Mil. Adamas One's Total Assets for the quarter that ended in Jun. 2023 was $13.18 Mil. Therefore, Adamas One's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.29.

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

JEWL' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.09   Med: -0.49   Max: 0.42
Current: 0.29

During the past 3 years, the highest Equity to Asset Ratio of Adamas One was 0.42. The lowest was -1.09. And the median was -0.49.

JEWL's Equity-to-Asset is ranked worse than
73.57% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs JEWL: 0.29

Adamas One Equity-to-Asset Historical Data

The historical data trend for Adamas One'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.

Adamas One Equity-to-Asset Chart

Adamas One Annual Data
Trend Sep20 Sep21 Sep22
Equity-to-Asset
-0.38 -0.87 -0.60

Adamas One Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.09 -0.60 0.42 0.31 0.29

Competitive Comparison of Adamas One's Equity-to-Asset

For the Luxury Goods subindustry, Adamas One'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.


Adamas One's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adamas One's Equity-to-Asset distribution charts can be found below:

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



Adamas One 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.

Adamas One's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-4.787/7.988
=-0.60

Adamas One's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=3.812/13.176
=0.29

* 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.


Adamas One  (NAS:JEWL) 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%.


Adamas One Equity-to-Asset Related Terms

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


Adamas One (Adamas One) Business Description

Traded in Other Exchanges
N/A
Address
17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.
Executives
John Grdina director, officer: President and CEO 8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire officer: Chief Operating Officer SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes director 1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos director 180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr officer: Chief Financial Officer 9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc 10 percent owner 10645 N. TATUM BLVD., PHOENIX AZ 85028