KNIT (Kinetic Group) Equity-to-Asset: 0.00 (As of Sep. 2024)

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KNIT Kinetic Group Inc KNIT
39 GF Score
Price $2.00
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What is Kinetic Group Equity-to-Asset?

Kinetic Group KNIT 39 Equity-to-Asset is 0.00 as of Sep. 2024. GuruFocus rates KNIT with a GF Score™ of 39/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kinetic Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.25 Mil. Kinetic Group's Total Assets for the quarter that ended in Sep. 2024 was $0.00 Mil.

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

KNIT's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.39
* Ranked among companies with meaningful Equity-to-Asset only.

Kinetic Group  (OTCPK:KNIT) 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%.


Kinetic Group Equity-to-Asset Related Terms


Kinetic Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Kinetic Group'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.

Kinetic Group Equity-to-Asset Chart

Kinetic Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.92 0.00 0.00

Kinetic Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.67 0.00 0.00 0.00

KNIT vs UCL, NUVR, SURG: Equity-to-Asset Comparison

For the Telecom Services subindustry, Kinetic Group'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.


Kinetic Group Equity-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kinetic Group's Equity-to-Asset distribution charts can be found below:

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


KNIT
39GF Score
Kinetic Group Inc KNIT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinetic Group 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.

Kinetic Group's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Equity to Asset (A: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-0.245/0
=

Kinetic Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-0.245/0
=

* 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 0.00 mean?
Kinetic Group (KNIT) has a Equity-to-Asset of 0.00 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kinetic Group and its competitors.
Is Kinetic Group's Equity-to-Asset too high?
Kinetic Group's current Equity-to-Asset is 0.00. Overall, Kinetic Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Group's Equity-to-Asset compare to UCL and NUVR?
Kinetic Group's Equity-to-Asset of 0.00 can be compared against companies in the Telecommunication Services industry. The industry median Equity-to-Asset is 0.39. 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 a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 373 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 Kinetic Group and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinetic Group's current Equity-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Group stock overvalued right now?
Kinetic Group (KNIT) has a current Equity-to-Asset of 0.00. The current Equity-to-Asset is 0.00. Kinetic Group's overall GF Score™ is 39/100. 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 Kinetic Group (KNIT), the current Equity-to-Asset is 0.00 as of Sep. 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.

Kinetic Group Business Description

Address 2801 NW 74th Avenue, Miami, FL, USA, 33122
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.
39GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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