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RONN (RONN) Equity-to-Asset : -1.08 (As of Jun. 2005)


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What is RONN Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RONN's Total Stockholders Equity for the quarter that ended in Jun. 2005 was $-5.84 Mil. RONN's Total Assets for the quarter that ended in Jun. 2005 was $5.43 Mil. Therefore, RONN's Equity to Asset Ratio for the quarter that ended in Jun. 2005 was -1.08.

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

RONN's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

RONN Equity-to-Asset Historical Data

The historical data trend for RONN'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.

RONN Equity-to-Asset Chart

RONN Annual Data
Trend Sep94 Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.35 -0.37 -0.51 -0.76

RONN Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 -0.95 -0.92 -0.96 -1.00 -1.08

Competitive Comparison of RONN's Equity-to-Asset

For the Software - Application subindustry, RONN'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.


RONN's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, RONN's Equity-to-Asset distribution charts can be found below:

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



RONN 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.

RONN's Equity to Asset Ratio for the fiscal year that ended in Sep. 2003 is calculated as

Equity to Asset (A: Sep. 2003 )=Total Stockholders Equity/Total Assets
=-4.592/6.06
=-0.76

RONN's Equity to Asset Ratio for the quarter that ended in Jun. 2005 is calculated as

Equity to Asset (Q: Jun. 2005 )=Total Stockholders Equity/Total Assets
=-5.841/5.426
=-1.08

* 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.


RONN  (OTCPK:RONN) 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%.


RONN Equity-to-Asset Related Terms

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


RONN (RONN) Business Description

Traded in Other Exchanges
N/A
Address
11 N Water Street, Mobile, AL, USA, 36602
RONN Inc Formerly Lee Pharmaceuticals Inc is a developer of health and fitness related mobile applications to be used on PC and mobile devices. These applications will be offered through the Google Play Store and the Apple App Store. It is developing its mobile applications on behalf of a health care provider, health plan, or any HIPAA covered entities. The firm's Green Living Lifestyle Nutrition App encourage health and wellness through green options and alternative health strategies.

RONN (RONN) Headlines

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