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NeoMagic (NeoMagic) Equity-to-Asset : -0.11 (As of Oct. 2010)


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What is NeoMagic Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NeoMagic's Total Stockholders Equity for the quarter that ended in Oct. 2010 was $-0.07 Mil. NeoMagic's Total Assets for the quarter that ended in Oct. 2010 was $0.63 Mil. Therefore, NeoMagic's Equity to Asset Ratio for the quarter that ended in Oct. 2010 was -0.11.

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

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

NeoMagic Equity-to-Asset Historical Data

The historical data trend for NeoMagic'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.

NeoMagic Equity-to-Asset Chart

NeoMagic Annual Data
Trend Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.79 0.61 0.47 -6.21

NeoMagic Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10
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 -1.15 -2.31 0.26 -0.06 -0.11

Competitive Comparison of NeoMagic's Equity-to-Asset

For the Semiconductors subindustry, NeoMagic'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.


NeoMagic's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



NeoMagic 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.

NeoMagic's Equity to Asset Ratio for the fiscal year that ended in Jan. 2009 is calculated as

Equity to Asset (A: Jan. 2009 )=Total Stockholders Equity/Total Assets
=-3.32/0.535
=-6.21

NeoMagic's Equity to Asset Ratio for the quarter that ended in Oct. 2010 is calculated as

Equity to Asset (Q: Oct. 2010 )=Total Stockholders Equity/Total Assets
=-0.071/0.633
=-0.11

* 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.


NeoMagic  (OTCPK:NMGC) 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%.


NeoMagic Equity-to-Asset Related Terms

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


NeoMagic (NeoMagic) Business Description

Traded in Other Exchanges
N/A
Address
830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035
NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela director 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer director C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza officer: VP Operations & Finance, CFO 4650 CUSHING PARKWAY, FREMONT CA 94538