SOEN (Solar Enertech) Equity-to-Asset: 0.43 (As of Dec. 2011)

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What is Solar Enertech Equity-to-Asset?

Solar Enertech SOEN -99.00% Equity-to-Asset is 0.43 as of Dec. 2011.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solar Enertech's Total Stockholders Equity for the quarter that ended in Dec. 2011 was $7.10 Mil. Solar Enertech's Total Assets for the quarter that ended in Dec. 2011 was $16.45 Mil. Therefore, Solar Enertech's Equity to Asset Ratio for the quarter that ended in Dec. 2011 was 0.43.

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

SOEN's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.63
* Ranked among companies with meaningful Equity-to-Asset only.

Solar Enertech  (OTCPK:SOEN) 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%.


Solar Enertech Equity-to-Asset Related Terms


Solar Enertech Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Solar Enertech'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.

Solar Enertech Equity-to-Asset Chart

Solar Enertech Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Equity-to-Asset
Get a 7-Day Free Trial -0.79 0.61 0.35 0.24 0.43

Solar Enertech Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 0.50 0.46 0.41 0.43 0.43

SOEN vs TRWRF, UCLE, VSUL: Equity-to-Asset Comparison

For the Solar subindustry, Solar Enertech'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.


Solar Enertech Equity-to-Asset vs Semiconductors Industry

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

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



Solar Enertech 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.

Solar Enertech's Equity to Asset Ratio for the fiscal year that ended in Sep. 2011 is calculated as

Equity to Asset (A: Sep. 2011 )=Total Stockholders Equity/Total Assets
=9.47/21.877
=0.43

Solar Enertech's Equity to Asset Ratio for the quarter that ended in Dec. 2011 is calculated as

Equity to Asset (Q: Dec. 2011 )=Total Stockholders Equity/Total Assets
=7.097/16.448
=0.43

* 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 0.43 mean?
Solar Enertech (SOEN) has a Equity-to-Asset of 0.43 as of Dec. 2011. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Solar Enertech and its competitors.
Is Solar Enertech's Equity-to-Asset too high?
Solar Enertech's current Equity-to-Asset is 0.43. The Semiconductors industry median Equity-to-Asset is 0.63. Solar Enertech's value of 0.43 is 31.7% below this industry median.
How does Solar Enertech's Equity-to-Asset compare to TRWRF and UCLE?
Solar Enertech's Equity-to-Asset of 0.43 can be compared against companies in the Semiconductors industry. The industry median Equity-to-Asset is 0.63. Solar Enertech's value of 0.43 is 31.7% below this benchmark. 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 Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,034 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. Solar Enertech's current Equity-to-Asset of 0.43 is 31.7% below the industry median. 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 Solar Enertech and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Enertech's current Equity-to-Asset is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Enertech stock overvalued right now?
Solar Enertech (SOEN) has a current Equity-to-Asset of 0.43. The current Equity-to-Asset is 0.43 and 31.7% below the Semiconductors industry median of 0.63. 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 Solar Enertech (SOEN), the current Equity-to-Asset is 0.43 as of Dec. 2011. 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.

Solar Enertech Business Description

Address 655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041
Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.