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Micro Imaging Technology (Micro Imaging Technology) Equity-to-Asset : -9.69 (As of Jul. 2014)


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What is Micro Imaging Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Micro Imaging Technology's Total Stockholders Equity for the quarter that ended in Jul. 2014 was $-1.42 Mil. Micro Imaging Technology's Total Assets for the quarter that ended in Jul. 2014 was $0.15 Mil.

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

MMTC's Equity-to-Asset is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 0.64
* Ranked among companies with meaningful Equity-to-Asset only.

Micro Imaging Technology Equity-to-Asset Historical Data

The historical data trend for Micro Imaging 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.

Micro Imaging Technology Equity-to-Asset Chart

Micro Imaging Technology Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.94 -8.46 -27.33 -1.68 -5.53

Micro Imaging Technology Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14
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 -5.63 -5.53 -7.33 -8.67 -9.69

Competitive Comparison of Micro Imaging Technology's Equity-to-Asset

For the Medical Devices subindustry, Micro Imaging 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.


Micro Imaging Technology's Equity-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micro Imaging Technology's Equity-to-Asset distribution charts can be found below:

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



Micro Imaging 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.

Micro Imaging Technology's Equity to Asset Ratio for the fiscal year that ended in Oct. 2013 is calculated as

Equity to Asset (A: Oct. 2013 )=Total Stockholders Equity/Total Assets
=-1.023/0.185
=

Micro Imaging Technology's Equity to Asset Ratio for the quarter that ended in Jul. 2014 is calculated as

Equity to Asset (Q: Jul. 2014 )=Total Stockholders Equity/Total Assets
=-1.424/0.147
=

* 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.


Micro Imaging Technology  (OTCPK:MMTC) 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%.


Micro Imaging Technology Equity-to-Asset Related Terms

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Micro Imaging Technology (Micro Imaging Technology) Business Description

Traded in Other Exchanges
N/A
Address
970 Calle Amanecer, Suite F, San Clemente, CA, USA, 92673
Micro Imaging Technology Inc (MIT) is an engaged in developing and manufacturing of laser-based microbial identification system. The device uses the principles of light scattering to discriminate various bacteria cells that are suspended in filtered water. Its MIT 1000 product features 35 photodetectors that surround the sample vial and collect light scattering intensities that are generated when a cell intersects the laser beam.
Executives
Anthony M Frank other: 5% owner

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