TLGN (Ever Harvest International Group) Equity-to-Asset: -2.00 (As of Sep. 2022)

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What is Ever Harvest International Group Equity-to-Asset?

Ever Harvest International Group TLGN Equity-to-Asset is -2.00 as of Sep. 2022.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ever Harvest International Group's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-0.08 Mil. Ever Harvest International Group's Total Assets for the quarter that ended in Sep. 2022 was $0.04 Mil. Therefore, Ever Harvest International Group's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -2.00.

The historical rank and industry rank for Ever Harvest International Group's Equity-to-Asset or its related term are showing as below:

TLGN's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Ever Harvest International Group  (OTCPK:TLGN) 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%.

Ever Harvest International Group Equity-to-Asset Related Terms

Ever Harvest International Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Ever Harvest International Group'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.

Ever Harvest International Group Equity-to-Asset Chart

Ever Harvest International Group Annual Data
Trend Dec20 Dec21
Equity-to-Asset
0.81 -9.25

Ever Harvest International Group Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only -10.00 -9.25 0.00 0.00 -2.00

TLGN vs RCG, SYTE, JP: Equity-to-Asset Comparison

For the Asset Management subindustry, Ever Harvest International Group'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.

Ever Harvest International Group Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ever Harvest International Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ever Harvest International Group's Equity-to-Asset falls into.


Ever Harvest International Group 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.

Ever Harvest International Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-0.074/0.008
=-9.25

Ever Harvest International Group's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-0.076/0.038
=-2.00

* 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 -2.00 mean?
Ever Harvest International Group (TLGN) has a Equity-to-Asset of -2.00 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ever Harvest International Group and its competitors.
Is Ever Harvest International Group's Equity-to-Asset too high?
Ever Harvest International Group's current Equity-to-Asset is -2.00.
How does Ever Harvest International Group's Equity-to-Asset compare to RCG and SYTE?
Ever Harvest International Group's Equity-to-Asset of -2.00 can be compared against companies in the Asset Management industry. The industry median Equity-to-Asset is 0.83. 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 Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,618 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 Ever Harvest International Group and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ever Harvest International Group's current Equity-to-Asset is -2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever Harvest International Group stock overvalued right now?
Ever Harvest International Group (TLGN) has a current Equity-to-Asset of -2.00. The current Equity-to-Asset is -2.00. 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 Ever Harvest International Group (TLGN), the current Equity-to-Asset is -2.00 as of Sep. 2022. 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.

Ever Harvest International Group Business Description

Address 23 Cameron Road, Suite F, 16th Floor, Tsim Sha Tsui, Hong Kong, HKG
Ever Harvest International Group Inc engaged in the development and sale of STEAM education platforms, aimed at serving the academic community in Hong Kong primary and secondary schools.