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Green Energy Technology (LUX:GE144) Equity-to-Asset : -1.80 (As of Jun. 2019)


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What is Green Energy Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Green Energy Technology's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $-239.7 Mil. Green Energy Technology's Total Assets for the quarter that ended in Jun. 2019 was $133.3 Mil.

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

LUX:GE144's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.63
* Ranked among companies with meaningful Equity-to-Asset only.

Green Energy Technology Equity-to-Asset Historical Data

The historical data trend for Green Energy Technology'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.

Green Energy Technology Equity-to-Asset Chart

Green Energy Technology Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.29 0.31 0.32 -0.27

Green Energy Technology Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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 0.32 0.25 0.11 -0.27 -1.80

Competitive Comparison of Green Energy Technology's Equity-to-Asset

For the Solar subindustry, Green Energy Technology'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.


Green Energy Technology's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Green Energy Technology's Equity-to-Asset distribution charts can be found below:

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



Green Energy Technology 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.

Green Energy Technology's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=-77.948/294.034
=-0.27

Green Energy Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=-239.732/133.306
=

* 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.


Green Energy Technology  (LUX:GE144) 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%.


Green Energy Technology Equity-to-Asset Related Terms

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


Green Energy Technology (LUX:GE144) Business Description

Traded in Other Exchanges
N/A
Address
22, Chungshan North Road, Sector 3, Taipei, TWN
Green Energy Technology Inc is a solar technology company. The company is primarily engaged in the manufacturing and distribution of multi-crystal silicon solar wafers. Its products are classified into two segments, namely, Silicon Wafer and Thin Film. The key products consist of the polycrystalline solar silicon chip, polycrystalline solar silicon ingots, thin film solar modules. The company's main products, multi-crystalline solar wafers with different power outputs, are sold to solar cell and module manufacturers in major markets globally, such as Taiwan, China, Japan, Korea, India, Europe and the United States.

Green Energy Technology (LUX:GE144) Headlines

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