SSCFF (SmartCool Systems) Equity-to-Asset: -2.76 (As of Sep. 2019)

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SSCFF SmartCool Systems Inc SSCFF
12 GF Score
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What is SmartCool Systems Equity-to-Asset?

SmartCool Systems SSCFF -98.33% 12 Equity-to-Asset is -2.76 as of Sep. 2019. GuruFocus rates SSCFF with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SmartCool Systems's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-2.01 Mil. SmartCool Systems's Total Assets for the quarter that ended in Sep. 2019 was $0.73 Mil. Therefore, SmartCool Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2019 was -2.76.

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

SSCFF's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

SmartCool Systems  (OTCPK:SSCFF) 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%.


SmartCool Systems Equity-to-Asset Related Terms


SmartCool Systems Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for SmartCool Systems'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.

SmartCool Systems Equity-to-Asset Chart

SmartCool Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.26 0.22 -0.40 -0.10

SmartCool Systems Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19
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 -0.34 -0.08 -1.41 -2.34 -2.76

SSCFF vs HUBB: Equity-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, SmartCool Systems'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.


SmartCool Systems Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, SmartCool Systems's Equity-to-Asset distribution charts can be found below:

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


SSCFF
12GF Score
SmartCool Systems Inc SSCFF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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SmartCool Systems 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.

SmartCool Systems's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=-0.149/1.471
=-0.10

SmartCool Systems's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=-2.007/0.728
=-2.76

* 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 -2.76 mean?
SmartCool Systems (SSCFF) has a Equity-to-Asset of -2.76 as of Sep. 2019. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on SmartCool Systems and its competitors.
Is SmartCool Systems' Equity-to-Asset too high?
SmartCool Systems' current Equity-to-Asset is -2.76. Overall, SmartCool Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SmartCool Systems' Equity-to-Asset compare to HUBB?
SmartCool Systems' Equity-to-Asset of -2.76 can be compared against companies in the Industrial Products industry. The industry median Equity-to-Asset is 0.57. 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 an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,080 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 SmartCool Systems and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmartCool Systems's current Equity-to-Asset is -2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCool Systems stock overvalued right now?
SmartCool Systems (SSCFF) has a current Equity-to-Asset of -2.76. The current Equity-to-Asset is -2.76. SmartCool Systems' overall GF Score™ is 12/100. 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 SmartCool Systems (SSCFF), the current Equity-to-Asset is -2.76 as of Sep. 2019. 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.

SmartCool Systems Business Description

Address 12 - 1350 W. 14th Avenue, Vancouver, BC, CAN, V6H 1R1
SmartCool Systems Inc is a clean technology company. The firm and its subsidiaries are focused on acquiring, commercializing, and marketing energy-saving technologies for commercial and retail businesses. The company has two principal revenue streams namely ESM and ECO3. The ESM is manufactured by a third party in Australia and is designed specifically to reduce the electricity consumption and demand for refrigeration and air conditioning compressors by improving their performance and maintaining temperature control. ECO3 is manufactured in China and is a retrofit product that can be installed on any air conditioning or refrigeration unit, achieving energy efficiency gains as the ESM for smaller systems. The firm generates most of its revenue from Europe, the Middle East, and Africa.
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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