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

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.

What is Solidus Communications Equity-to-Asset?

Solidus Communications SLDC -10.00% Equity-to-Asset is -52.22 as of Nov. 2016.

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: 0.4
* Ranked among companies with meaningful Equity-to-Asset only.

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


Solidus Communications Equity-to-Asset Historical Data

* Premium members only.

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.

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 0.00 0.00 -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 0.00 0.00 -106.25 -52.22

SLDC vs HMMR, DTGI, TMUS: Equity-to-Asset Comparison

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 Equity-to-Asset vs 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -52.22 mean?
Solidus Communications (SLDC) has a Equity-to-Asset of -52.22 as of Nov. 2016. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Equity-to-Asset too high?
Solidus Communications' current Equity-to-Asset is -52.22.
How does Solidus Communications' Equity-to-Asset compare to HMMR and DTGI?
Solidus Communications' Equity-to-Asset of -52.22 can be compared against companies in the Telecommunication Services industry. The industry median Equity-to-Asset is 0.40. 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.40, based on 367 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 Solidus Communications and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solidus Communications's current Equity-to-Asset is -52.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Equity-to-Asset of -52.22. The current Equity-to-Asset is -52.22. 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 Solidus Communications (SLDC), the current Equity-to-Asset is -52.22 as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.