Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trex Wind Down's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-2.62 Mil. Trex Wind Down's Total Assets for the quarter that ended in Jun. 2023 was $3.33 Mil.
The historical rank and industry rank for Trex Wind Down's Equity-to-Asset or its related term are showing as below:
TMBRQ'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.31 Med: 0.51 Max: 0.79
Current: -0.79
During the past 3 years, the highest Equity to Asset Ratio of Trex Wind Down was 0.79. The lowest was -1.31. And the median was 0.51.
TMBRQ's Equity-to-Asset is ranked worse than 91.44% of 1565
companies
in the Biotechnology industry
Industry Median: 0.66
vs TMBRQ: -0.79
Trex Wind Down Equity-to-Asset Historical Data
The historical data trend for Trex Wind Down'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.
Competitive Comparison of Trex Wind Down's Equity-to-Asset
For the Biotechnology subindustry, Trex Wind Down'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.
Trex Wind Down's Equity-to-Asset Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Trex Wind Down's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Trex Wind Down's Equity-to-Asset falls into.
Trex Wind Down 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.
Trex Wind Down's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Trex Wind Down (OTCPK:TMBRQ) 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%.
Trex Wind Down Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Trex Wind Down's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Trex Wind Down (Trex Wind Down) Business Description
Timber Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on the development and commercialization of treatments for orphan dermatologic diseases. Its investigational therapies have mechanisms of action backed by decades of clinical experience and well-established CMC (chemistry, manufacturing, and control) and safety profiles. The company is focused on developing non-systemic treatments for rare dermatologic diseases including congenital ichthyosis (CI), X-linked recessive CI (XLRI) and autosomal recessive CI (ARCI), and other sclerotic skin diseases. The company's late-stage program is TMB-001., and TMB-003 is the earliest-stage program.
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