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China Clean Energy (STU:IIG) Equity-to-Asset : 0.82 (As of Sep. 2011)


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What is China Clean Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Clean Energy's Total Stockholders Equity for the quarter that ended in Sep. 2011 was €35.84 Mil. China Clean Energy's Total Assets for the quarter that ended in Sep. 2011 was €43.82 Mil. Therefore, China Clean Energy's Equity to Asset Ratio for the quarter that ended in Sep. 2011 was 0.82.

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

STU:IIG's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

China Clean Energy Equity-to-Asset Historical Data

The historical data trend for China Clean Energy'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.

China Clean Energy Equity-to-Asset Chart

China Clean Energy Annual Data
Trend Jun05 Jun06 Dec07 Dec08 Dec09 Dec10
Equity-to-Asset
Get a 7-Day Free Trial -4.00 0.87 0.97 0.86 0.76

China Clean Energy Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.77 0.76 0.78 0.80 0.82

Competitive Comparison of China Clean Energy's Equity-to-Asset

For the Specialty Chemicals subindustry, China Clean Energy'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.


China Clean Energy's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Clean Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Clean Energy's Equity-to-Asset falls into.



China Clean Energy 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.

China Clean Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Equity to Asset (A: Dec. 2010 )=Total Stockholders Equity/Total Assets
=29.737/39.377
=0.76

China Clean Energy's Equity to Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

Equity to Asset (Q: Sep. 2011 )=Total Stockholders Equity/Total Assets
=35.84/43.818
=0.82

* 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.


China Clean Energy  (STU:IIG) 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%.


China Clean Energy Equity-to-Asset Related Terms

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


China Clean Energy (STU:IIG) Business Description

Traded in Other Exchanges
N/A
Address
Jiangyin Industrial Zone, Jiangyin Town, Fuqing, Fujian Province, CHN, 350309
China Clean Energy Inc operates inchemical industry. Thre company engages in the development, manufacturing and distribution of biodiesel and chemical products made from renewable resources.

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