NOEC (New Oriental Energy & Chemical) Equity-to-Asset: 0.05 (As of Dec. 2010)

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What is New Oriental Energy & Chemical Equity-to-Asset?

New Oriental Energy & Chemical NOEC -99.00% Equity-to-Asset is 0.05 as of Dec. 2010.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Oriental Energy & Chemical's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $2.93 Mil. New Oriental Energy & Chemical's Total Assets for the quarter that ended in Dec. 2010 was $54.32 Mil. Therefore, New Oriental Energy & Chemical's Equity to Asset Ratio for the quarter that ended in Dec. 2010 was 0.05.

The historical rank and industry rank for New Oriental Energy & Chemical's Equity-to-Asset or its related term are showing as below:

NOEC's Equity-to-Asset is not ranked *
in the Agriculture industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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%.


New Oriental Energy & Chemical Equity-to-Asset Related Terms


New Oriental Energy & Chemical Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Equity-to-Asset Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Equity-to-Asset
0.97 0.35 0.34 0.24 0.02

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.10 0.02 -0.01 0.02 0.05

NOEC vs RTKHQ, LBTD, CVAT: Equity-to-Asset Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.


New Oriental Energy & Chemical Equity-to-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Equity-to-Asset falls into.



New Oriental Energy & Chemical 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.

New Oriental Energy & Chemical's Equity to Asset Ratio for the fiscal year that ended in Mar. 2010 is calculated as

Equity to Asset (A: Mar. 2010 )=Total Stockholders Equity/Total Assets
=1.225/62.183
=0.02

New Oriental Energy & Chemical's Equity to Asset Ratio for the quarter that ended in Dec. 2010 is calculated as

Equity to Asset (Q: Dec. 2010 )=Total Stockholders Equity/Total Assets
=2.927/54.315
=0.05

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.05 mean?
New Oriental Energy & Chemical (NOEC) has a Equity-to-Asset of 0.05 as of Dec. 2010. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on New Oriental Energy & Chemical and its competitors.
Is New Oriental Energy & Chemical's Equity-to-Asset too high?
New Oriental Energy & Chemical's current Equity-to-Asset is 0.05. The Agriculture industry median Equity-to-Asset is 0.52. New Oriental Energy & Chemical's value of 0.05 is 90.4% below this industry median.
How does New Oriental Energy & Chemical's Equity-to-Asset compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Equity-to-Asset of 0.05 can be compared against companies in the Agriculture industry. The industry median Equity-to-Asset is 0.52. New Oriental Energy & Chemical's value of 0.05 is 90.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Agriculture company?
The median Equity-to-Asset among Agriculture companies is 0.52, based on 260 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Oriental Energy & Chemical's current Equity-to-Asset of 0.05 is 90.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on New Oriental Energy & Chemical and its competitors. For the Agriculture industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Oriental Energy & Chemical's current Equity-to-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Equity-to-Asset of 0.05. The current Equity-to-Asset is 0.05 and 90.4% below the Agriculture industry median of 0.52. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For New Oriental Energy & Chemical (NOEC), the current Equity-to-Asset is 0.05 as of Dec. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.