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Nature Wood Group (Nature Wood Group) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is Nature Wood Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nature Wood Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $18.18 Mil. Nature Wood Group's Total Assets for the quarter that ended in Dec. 2023 was $54.32 Mil.

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

NWGL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.15   Max: 0.34
Current: 0.34

During the past 4 years, the highest Equity to Asset Ratio of Nature Wood Group was 0.34. The lowest was 0.11. And the median was 0.15.

NWGL's Equity-to-Asset is ranked worse than
79.18% of 293 companies
in the Forest Products industry
Industry Median: 0.55 vs NWGL: 0.34

Nature Wood Group Equity-to-Asset Historical Data

The historical data trend for Nature Wood Group'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.

Nature Wood Group Equity-to-Asset Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.11 0.13 0.18 0.34

Nature Wood Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - 0.18 0.18 0.19 0.34

Competitive Comparison of Nature Wood Group's Equity-to-Asset

For the Lumber & Wood Production subindustry, Nature Wood Group'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.

Nature Wood Group's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nature Wood Group's Equity-to-Asset distribution charts can be found below:

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


Nature Wood Group 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.

Nature Wood Group'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
=18.182/54.321
=0.33

Nature Wood Group'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
=18.182/54.321
=

* 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.

Nature Wood Group  (NAS:NWGL) 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%.

Nature Wood Group Equity-to-Asset Related Terms

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

Nature Wood Group (Nature Wood Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nature Wood Group Ltd (NAS:NWGL) » Definitions » Equity-to-Asset
Comparable Companies
EVA SGTM JCTCF OSTO:SCA A UFPI SSD TSX:WFG TSX:SJ BOM:532548 XLIS:COR TSX:CFP BSP:DXCO3 SZSE:002043 SHSE:600189 XKRX:025900 SZSE:000592 TSX:IFP SZSE:000910 BOM:542857 SHSE:600076
Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Website
http://www.nature-wood.com
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations, with facilities located in Peru. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions - Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers.