SOPV (Solar Park Initiatives) Equity-to-Asset: -1.28 (As of Jun. 2011)

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 Solar Park Initiatives Equity-to-Asset?

Solar Park Initiatives SOPV -90.00% Equity-to-Asset is -1.28 as of Jun. 2011.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solar Park Initiatives's Total Stockholders Equity for the quarter that ended in Jun. 2011 was $-0.31 Mil. Solar Park Initiatives's Total Assets for the quarter that ended in Jun. 2011 was $0.25 Mil. Therefore, Solar Park Initiatives's Equity to Asset Ratio for the quarter that ended in Jun. 2011 was -1.28.

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

SOPV's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.62
* Ranked among companies with meaningful Equity-to-Asset only.

Solar Park Initiatives  (OTCPK:SOPV) 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 Park Initiatives Equity-to-Asset Related Terms

Solar Park Initiatives Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Solar Park Initiatives'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 Park Initiatives Equity-to-Asset Chart

Solar Park Initiatives Annual Data
Trend Sep08 Sep09 Sep10
Equity-to-Asset
0.67 0.53 -1.42

Solar Park Initiatives Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -1.42 -3.39 -0.56 -1.28

SOPV vs ABCE, LIBE, SSOL: Equity-to-Asset Comparison

For the Solar subindustry, Solar Park Initiatives'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 Park Initiatives Equity-to-Asset vs Semiconductors Industry

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

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


Solar Park Initiatives 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 Park Initiatives's Equity to Asset Ratio for the fiscal year that ended in Sep. 2010 is calculated as

Equity to Asset (A: Sep. 2010 )=Total Stockholders Equity/Total Assets
=-0.071/0.05
=

Solar Park Initiatives's Equity to Asset Ratio for the quarter that ended in Jun. 2011 is calculated as

Equity to Asset (Q: Jun. 2011 )=Total Stockholders Equity/Total Assets
=-0.313/0.245
=-1.28

* 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 -1.28 mean?
Solar Park Initiatives (SOPV) has a Equity-to-Asset of -1.28 as of Jun. 2011. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Solar Park Initiatives and its competitors.
Is Solar Park Initiatives' Equity-to-Asset too high?
Solar Park Initiatives' current Equity-to-Asset is -1.28.
How does Solar Park Initiatives' Equity-to-Asset compare to ABCE and LIBE?
Solar Park Initiatives' Equity-to-Asset of -1.28 can be compared against companies in the Semiconductors industry. The industry median Equity-to-Asset is 0.62. 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 0.62, based on 1,038 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 Solar Park Initiatives and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Park Initiatives's current Equity-to-Asset is -1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Park Initiatives stock overvalued right now?
Solar Park Initiatives (SOPV) has a current Equity-to-Asset of -1.28. The current Equity-to-Asset is -1.28. 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 Park Initiatives (SOPV), the current Equity-to-Asset is -1.28 as of Jun. 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 Park Initiatives Business Description

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518
Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.