SCST (Suncast Solar Energy) Equity-to-Asset: -2.66 (As of Dec. 2008)

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What is Suncast Solar Energy Equity-to-Asset?

Suncast Solar Energy SCST Equity-to-Asset is -2.66 as of Dec. 2008.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Suncast Solar Energy's Total Stockholders Equity for the quarter that ended in Dec. 2008 was $-2.25 Mil. Suncast Solar Energy's Total Assets for the quarter that ended in Dec. 2008 was $0.85 Mil. Therefore, Suncast Solar Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2008 was -2.66.

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

SCST's Equity-to-Asset is not ranked *
in the Waste Management industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Suncast Solar Energy  (OTCPK:SCST) 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%.

Suncast Solar Energy Equity-to-Asset Related Terms

Suncast Solar Energy Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Equity-to-Asset Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -4.34 -4.46 -2.72 -2.66

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -2.72 -2.29 -2.22 -2.68 -2.66

SCST vs ECEZ, CESX, ALAN: Equity-to-Asset Comparison

For the Waste Management subindustry, Suncast Solar Energy'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.

Suncast Solar Energy Equity-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Equity-to-Asset distribution charts can be found below:

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


Suncast Solar Energy 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.

Suncast Solar Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Equity to Asset (A: Dec. 2008 )=Total Stockholders Equity/Total Assets
=-2.25/0.847
=-2.66

Suncast Solar Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

Equity to Asset (Q: Dec. 2008 )=Total Stockholders Equity/Total Assets
=-2.25/0.847
=-2.66

* 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 -2.66 mean?
Suncast Solar Energy (SCST) has a Equity-to-Asset of -2.66 as of Dec. 2008. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Equity-to-Asset too high?
Suncast Solar Energy's current Equity-to-Asset is -2.66.
How does Suncast Solar Energy's Equity-to-Asset compare to ECEZ and CESX?
Suncast Solar Energy's Equity-to-Asset of -2.66 can be compared against companies in the Waste Management industry. The industry median Equity-to-Asset is 0.45. 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 Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.45, based on 244 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 Suncast Solar Energy and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suncast Solar Energy's current Equity-to-Asset is -2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Equity-to-Asset of -2.66. The current Equity-to-Asset is -2.66. 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 Suncast Solar Energy (SCST), the current Equity-to-Asset is -2.66 as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.