GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » National Tax Credit Partners LP (OTCPK:NTXCZ) » Definitions » Equity-to-Asset

National Tax Credit Partners LP (National Tax Credit Partners LP) Equity-to-Asset : -18.83 (As of Dec. 2012)


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

What is National Tax Credit Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. National Tax Credit Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2012 was $-1.21 Mil. National Tax Credit Partners LP's Total Assets for the quarter that ended in Dec. 2012 was $0.06 Mil.

The historical rank and industry rank for National Tax Credit Partners LP's Equity-to-Asset or its related term are showing as below:

During the past 7 years, the highest Equity to Asset Ratio of National Tax Credit Partners LP was 0.55. The lowest was -2.13. And the median was -0.14.

NTXCZ's Equity-to-Asset is not ranked *
in the Credit Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Equity-to-Asset only.

National Tax Credit Partners LP Equity-to-Asset Historical Data

The historical data trend for National Tax Credit Partners LP'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.

National Tax Credit Partners LP Equity-to-Asset Chart

National Tax Credit Partners LP Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial -0.40 -2.13 -8.59 -9.69 -18.83

National Tax Credit Partners LP Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset Get a 7-Day Free Trial -0.40 -2.13 -8.59 -9.69 -18.83

Competitive Comparison of National Tax Credit Partners LP's Equity-to-Asset

For the Credit Services subindustry, National Tax Credit Partners LP'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.


National Tax Credit Partners LP's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, National Tax Credit Partners LP's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where National Tax Credit Partners LP's Equity-to-Asset falls into.



National Tax Credit Partners LP 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.

National Tax Credit Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=-1.205/0.064
=

National Tax Credit Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

Equity to Asset (Q: Dec. 2012 )=Total Stockholders Equity/Total Assets
=-1.205/0.064
=

* 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.


National Tax Credit Partners LP  (OTCPK:NTXCZ) 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%.


National Tax Credit Partners LP Equity-to-Asset Related Terms

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


National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Website
National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

National Tax Credit Partners LP (National Tax Credit Partners LP) Headlines

No Headlines