OVIT (OncoVista Innovative Therapies) Equity-to-Asset: -108.03 (As of Sep. 2015)

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What is OncoVista Innovative Therapies Equity-to-Asset?

OncoVista Innovative Therapies OVIT Equity-to-Asset is -108.03 as of Sep. 2015.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OncoVista Innovative Therapies's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-6.59 Mil. OncoVista Innovative Therapies's Total Assets for the quarter that ended in Sep. 2015 was $0.06 Mil.

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

OVIT's Equity-to-Asset is not ranked *
in the Biotechnology industry.
Industry Median: 0.68
* Ranked among companies with meaningful Equity-to-Asset only.

OncoVista Innovative Therapies  (OTCPK:OVIT) 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%.


OncoVista Innovative Therapies Equity-to-Asset Related Terms


OncoVista Innovative Therapies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for OncoVista Innovative Therapies'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.

OncoVista Innovative Therapies Equity-to-Asset Chart

OncoVista Innovative Therapies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 -0.06 -2.92 -32.50 -435.62

OncoVista Innovative Therapies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -34.39 -435.62 -106.09 -251.29 -108.03

OVIT vs RSPI, HSTC, CAPS: Equity-to-Asset Comparison

For the Biotechnology subindustry, OncoVista Innovative Therapies'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.


OncoVista Innovative Therapies Equity-to-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OncoVista Innovative Therapies's Equity-to-Asset distribution charts can be found below:

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



OncoVista Innovative Therapies 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.

OncoVista Innovative Therapies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=-5.663/0.013
=

OncoVista Innovative Therapies's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Equity to Asset (Q: Sep. 2015 )=Total Stockholders Equity/Total Assets
=-6.59/0.061
=

* 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 -108.03 mean?
OncoVista Innovative Therapies (OVIT) has a Equity-to-Asset of -108.03 as of Sep. 2015. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on OncoVista Innovative Therapies and its competitors.
Is OncoVista Innovative Therapies' Equity-to-Asset too high?
OncoVista Innovative Therapies' current Equity-to-Asset is -108.03.
How does OncoVista Innovative Therapies' Equity-to-Asset compare to RSPI and HSTC?
OncoVista Innovative Therapies' Equity-to-Asset of -108.03 can be compared against companies in the Biotechnology industry. The industry median Equity-to-Asset is 0.68. 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 a Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.68, based on 1,416 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. 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 OncoVista Innovative Therapies and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OncoVista Innovative Therapies's current Equity-to-Asset is -108.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OncoVista Innovative Therapies stock overvalued right now?
OncoVista Innovative Therapies (OVIT) has a current Equity-to-Asset of -108.03. The current Equity-to-Asset is -108.03. 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 OncoVista Innovative Therapies (OVIT), the current Equity-to-Asset is -108.03 as of Sep. 2015. 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.

OncoVista Innovative Therapies Business Description

Address 14785 Omicron Drive, Suite 104, San Antonio, TX, USA, 78245
OncoVista Innovative Therapies Inc is a biopharmaceutical company. It is engaged in developing anticancer therapies by utilizing tumor-associated biomarkers.