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EQUATOR Beverage Co (EQUATOR Beverage Co) Equity-to-Asset : 0.47 (As of Dec. 2023)


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What is EQUATOR Beverage Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EQUATOR Beverage Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.27 Mil. EQUATOR Beverage Co's Total Assets for the quarter that ended in Dec. 2023 was $0.58 Mil. Therefore, EQUATOR Beverage Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

MOJO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.26   Med: 0.51   Max: 0.92
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of EQUATOR Beverage Co was 0.92. The lowest was -0.26. And the median was 0.51.

MOJO's Equity-to-Asset is ranked worse than
60.55% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.57 vs MOJO: 0.47

EQUATOR Beverage Co Equity-to-Asset Historical Data

The historical data trend for EQUATOR Beverage Co'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.

EQUATOR Beverage Co Equity-to-Asset Chart

EQUATOR Beverage Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.73 0.87 0.33 0.47

EQUATOR Beverage Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.33 0.34 0.32 0.43 0.47

Competitive Comparison of EQUATOR Beverage Co's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, EQUATOR Beverage Co'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.


EQUATOR Beverage Co's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, EQUATOR Beverage Co's Equity-to-Asset distribution charts can be found below:

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



EQUATOR Beverage Co 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.

EQUATOR Beverage Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.271/0.581
=0.47

EQUATOR Beverage Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=0.271/0.581
=0.47

* 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.


EQUATOR Beverage Co  (OTCPK:MOJO) 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%.


EQUATOR Beverage Co Equity-to-Asset Related Terms

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


EQUATOR Beverage Co (EQUATOR Beverage Co) Business Description

Traded in Other Exchanges
N/A
Address
185 Hudson Street, Floor 25, Jersey City, NJ, USA, 07302
EQUATOR Beverage Co is engaged in developing, producing, distributing, and marketing new beverage products. Its beverages have been certified Non-GMO Project Verified and USDA Organic, and It offers both nonalcoholic and ready-to-drink alcoholic options. In addition, It has a line of sparkling energy beverages targeted towards female consumers. Its beverages can be found in North America, the Caribbean, and Bermuda. It is committed to sustainability and use 100 percent recyclable, eco-friendly packaging that has a minimal impact on the environment. Furthermore, its products are plant-based, renewable, and eco-friendly. Coconut water is nature's hydration drink for the skin and body. In each 11 oz serving there are five essential electrolytes totaling 1043 mg more than other sports drinks.
Executives
Peter Spinner director, 10 percent owner, officer: Chief Operating Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Robert Kaufman director C/O MOJO ORGANICS, INC., 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Jeffrey Devlin director 875 NORTH MICHIGAN AVENUE, 2929, CHICAGO IL 60611
Glenn Simpson director, 10 percent owner, officer: Chief Executive Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Richard X. Seet director 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302