SCAG (Scage Future) Equity-to-Asset: -0.25 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SCAG Scage Future SCAG
4 GF Score
Price $0.37
! 7 Warning Signs
View Full Analysis

What is Scage Future Equity-to-Asset?

Scage Future SCAG -1.14% 4 Equity-to-Asset is -0.25 as of Dec. 2025. GuruFocus rates SCAG with a GF Score™ of 4/100. The stock has 7 warning signs investors should review. Among 213 Farm & Heavy Construction Machinery companies, Scage Future ranks worse than 97.18% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scage Future's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $-8.37 Mil. Scage Future's Total Assets for the quarter that ended in Dec. 2025 was $32.97 Mil. Therefore, Scage Future's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was -0.25.

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

SCAG' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.46   Med: -1.51   Max: -0.2
Current: -0.25

During the past 4 years, the highest Equity to Asset Ratio of Scage Future was -0.20. The lowest was -2.46. And the median was -1.51.

SCAG's Equity-to-Asset is ranked worse than
97.18% of 213 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.51 vs SCAG: -0.25

Scage Future  (NAS:SCAG) 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%.


Scage Future Equity-to-Asset Related Terms


Scage Future Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Scage Future'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.

Scage Future Equity-to-Asset Chart

Scage Future Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
-1.51 -2.20 -2.46 -0.20

Scage Future Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial -1.96 -2.46 -0.33 -0.20 -0.25

SCAG vs XOS, CLEV, ARTW: Equity-to-Asset Comparison

For the Farm & Heavy Construction Machinery subindustry, Scage Future'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.


Scage Future Equity-to-Asset vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Scage Future's Equity-to-Asset distribution charts can be found below:

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


SCAG
4GF Score
Scage Future SCAG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Scage Future 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.

Scage Future's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=-5.268/26.484
=-0.20

Scage Future's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=-8.368/32.973
=-0.25

* 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 -0.25 mean?
Scage Future (SCAG) has a Equity-to-Asset of -0.25 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Scage Future and its competitors. According to the industry distribution chart, Scage Future ranks #207 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 97.2%.
Is Scage Future's Equity-to-Asset too high?
Scage Future's current Equity-to-Asset is -0.25. Based on the distribution chart, Scage Future ranks #207 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Scage Future has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Scage Future's Equity-to-Asset compare to XOS and CLEV?
According to the Farm & Heavy Construction Machinery industry distribution chart, Scage Future ranks #207 out of 213 companies for Equity-to-Asset. This places Scage Future in the lower half of its industry. The industry median Equity-to-Asset is 0.51. 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 Farm & Heavy Construction Machinery company?
The median Equity-to-Asset among Farm & Heavy Construction Machinery companies is 0.51, based on 213 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 Scage Future and its competitors. For the Farm & Heavy Construction Machinery industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scage Future's current Equity-to-Asset is -0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scage Future stock overvalued right now?
Scage Future (SCAG) has a current Equity-to-Asset of -0.25. The current Equity-to-Asset is -0.25. Scage Future's overall GF Score™ is 4/100 with 7 warning signs to review. 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 Scage Future (SCAG), the current Equity-to-Asset is -0.25 as of Dec. 2025. 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.

Scage Future Business Description

Address No. 6 Fengxin Road, 2nd Floor, Building 6, Jiangsu Province, Yuhuatai District, Nanjing, CHN, 210012
Scage Future is a zero-emission solution provider in China, focusing on the development and commercialization of heavy-duty new energy vehicle ("NEV") trucks and e-fuel solutions. The company generates revenues principally from sales of commercial NEVs and components. The company's product line includes Dragon King, Galaxy II and Q-truck.
4GF Score

Get the complete analysis for SCAG

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.37
Price