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Third Bench (Third Bench) Equity-to-Asset : -1.04 (As of May. 2023)


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What is Third Bench Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Third Bench's Total Stockholders Equity for the quarter that ended in May. 2023 was $-8.85 Mil. Third Bench's Total Assets for the quarter that ended in May. 2023 was $8.50 Mil. Therefore, Third Bench's Equity to Asset Ratio for the quarter that ended in May. 2023 was -1.04.

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

THBD's Equity-to-Asset is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Third Bench Equity-to-Asset Historical Data

The historical data trend for Third Bench'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.

Third Bench Equity-to-Asset Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.40 -1.61 - -150.17 -1,221.00

Third Bench Quarterly Data
Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23
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 - -150.17 -1,221.00 - -1.04

Competitive Comparison of Third Bench's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.


Third Bench's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Equity-to-Asset distribution charts can be found below:

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



Third Bench 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.

Third Bench's Equity to Asset Ratio for the fiscal year that ended in Aug. 2015 is calculated as

Equity to Asset (A: Aug. 2015 )=Total Stockholders Equity/Total Assets
=-1.221/0.001
=

Third Bench's Equity to Asset Ratio for the quarter that ended in May. 2023 is calculated as

Equity to Asset (Q: May. 2023 )=Total Stockholders Equity/Total Assets
=-8.846/8.495
=-1.04

* 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.


Third Bench  (OTCPK:THBD) 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%.


Third Bench Equity-to-Asset Related Terms

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


Third Bench (Third Bench) Business Description

Traded in Other Exchanges
N/A
Address
175 S. Main Street, Suite 1410, Salt Lake City, UT, USA, 84111
Third Bench Inc is engaged in architectural millwork and dealers in the cabinetry, kitchen, and bath areas. It offers products in categories such as Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas.
Executives
Alexandros Tsingos director, officer: Secretary ETYXIDOU24, PAGRATI, ATHENS J3 11633
Rick W Walchuk director, 10 percent owner, officer: Pres/CEO/CFO/Trea/Sec KOLOKOTRONI 2A, PALEO FALIRO, 17563, ATHENS J3 17563

Third Bench (Third Bench) Headlines

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