Meganet (Meganet) Equity-to-Asset : -559.75 (As of Jun. 2017)

View and export this data going back to 2016. Start your Free Trial

What is Meganet Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meganet's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-2.24 Mil. Meganet's Total Assets for the quarter that ended in Jun. 2017 was $0.00 Mil.

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

MGNT's Equity-to-Asset is not ranked ^*
in the Business Services industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Meganet Equity-to-Asset Historical Data

The historical data trend for Meganet'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.

Meganet Equity-to-Asset Chart

Meganet Annual Data

Trend

Mar15

Mar16

Mar17

Equity-to-Asset

-27.70

-94.00

Meganet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Equity-to-Asset	Get a 7-Day Free Trial						-139.50	-169.33	-262.88	-	-559.75

Competitive Comparison of Meganet's Equity-to-Asset

For the Security & Protection Services subindustry, Meganet'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.

Meganet's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Meganet's Equity-to-Asset distribution charts can be found below:

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

Meganet 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.

Meganet's Equity to Asset Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Equity to Asset (A: Mar. 2017 )	=	Total Stockholders Equity	/	Total Assets
	=	-2.172	/	0
	=

Meganet's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )	=	Total Stockholders Equity	/	Total Assets
	=	-2.239	/	0.004
	=

Meganet (OTCPK:MGNT) 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%.

Meganet Equity-to-Asset Related Terms

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

Meganet (Meganet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meganet Corp (OTCPK:MGNT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120

Website

http://www.meganet.com

Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.