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Cynotech Holdings Limited (NZSE:CYTHA.PFD) Equity-to-Asset : -0.57 (As of Mar. 2013)


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What is Cynotech Holdings Limited Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cynotech Holdings Limited's Total Stockholders Equity for the quarter that ended in Mar. 2013 was NZ$-3.85 Mil. Cynotech Holdings Limited's Total Assets for the quarter that ended in Mar. 2013 was NZ$6.81 Mil. Therefore, Cynotech Holdings Limited's Equity to Asset Ratio for the quarter that ended in Mar. 2013 was -0.57.

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

NZSE:CYTHA.PFD's Equity-to-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Cynotech Holdings Limited Equity-to-Asset Historical Data

The historical data trend for Cynotech Holdings Limited'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.

Cynotech Holdings Limited Equity-to-Asset Chart

Cynotech Holdings Limited Annual Data
Trend Dec07 Dec08 Dec09 Mar11 Mar12 Mar13
Equity-to-Asset
Get a 7-Day Free Trial 0.42 0.41 0.11 -0.12 -0.57

Cynotech Holdings Limited Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.07 -0.12 -0.28 -0.57

Competitive Comparison of Cynotech Holdings Limited's Equity-to-Asset

For the Conglomerates subindustry, Cynotech Holdings Limited'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.


Cynotech Holdings Limited's Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cynotech Holdings Limited's Equity-to-Asset distribution charts can be found below:

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



Cynotech Holdings Limited 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.

Cynotech Holdings Limited's Equity to Asset Ratio for the fiscal year that ended in Mar. 2013 is calculated as

Equity to Asset (A: Mar. 2013 )=Total Stockholders Equity/Total Assets
=-3.849/6.809
=-0.57

Cynotech Holdings Limited's Equity to Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

Equity to Asset (Q: Mar. 2013 )=Total Stockholders Equity/Total Assets
=-3.849/6.809
=-0.57

* 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.


Cynotech Holdings Limited  (NZSE:CYTHA.PFD) 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%.


Cynotech Holdings Limited Equity-to-Asset Related Terms

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Cynotech Holdings Limited (NZSE:CYTHA.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Cynotech Holdings Limited (CYT-NZ) incorporates the following: Food manufacturing, Satellite Phone operations and a Finance Group.

Cynotech Holdings Limited (NZSE:CYTHA.PFD) Headlines

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