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Solidus Communications (Solidus Communications) Equity-to-Asset : -52.22 (As of Nov. 2016)


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What is Solidus Communications Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solidus Communications's Total Stockholders Equity for the quarter that ended in Nov. 2016 was $-5.07 Mil. Solidus Communications's Total Assets for the quarter that ended in Nov. 2016 was $0.10 Mil. Therefore, Solidus Communications's Equity to Asset Ratio for the quarter that ended in Nov. 2016 was -52.22.

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

SLDC's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

Solidus Communications Equity-to-Asset Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Equity-to-Asset Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -547.25 - - -106.25 -52.22

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -547.25 - - -106.25 -52.22

Competitive Comparison of Solidus Communications's Equity-to-Asset

For the Telecom Services subindustry, Solidus Communications'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.


Solidus Communications's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Solidus Communications's Equity-to-Asset distribution charts can be found below:

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



Solidus Communications 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.

Solidus Communications's Equity to Asset Ratio for the fiscal year that ended in Nov. 2016 is calculated as

Equity to Asset (A: Nov. 2016 )=Total Stockholders Equity/Total Assets
=-5.065/0.097
=-52.22

Solidus Communications's Equity to Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

Equity to Asset (Q: Nov. 2016 )=Total Stockholders Equity/Total Assets
=-5.065/0.097
=-52.22

* 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.


Solidus Communications  (OTCPK:SLDC) 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%.


Solidus Communications Equity-to-Asset Related Terms

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


Solidus Communications (Solidus Communications) Business Description

Traded in Other Exchanges
N/A
Address
454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174
Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications (Solidus Communications) Headlines