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Trimax (Trimax) Equity-to-Asset : -0.71 (As of Sep. 2015)


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What is Trimax Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trimax's Total Stockholders Equity for the quarter that ended in Sep. 2015 was $-0.11 Mil. Trimax's Total Assets for the quarter that ended in Sep. 2015 was $0.15 Mil.

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

TMXN's Equity-to-Asset is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.81
* Ranked among companies with meaningful Equity-to-Asset only.

Trimax Equity-to-Asset Historical Data

The historical data trend for Trimax'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.

Trimax Equity-to-Asset Chart

Trimax Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.02 0.53 0.55 0.76 0.93

Trimax Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Mar15 Jun15 Sep15
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 0.76 0.93 0.59 - -0.71

Competitive Comparison of Trimax's Equity-to-Asset

For the Shell Companies subindustry, Trimax'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.


Trimax's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trimax's Equity-to-Asset distribution charts can be found below:

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



Trimax 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.

Trimax's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=0.171/0.184
=0.93

Trimax's Equity to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Equity to Asset (Q: Sep. 2015 )=Total Stockholders Equity/Total Assets
=-0.109/0.153
=

* 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.


Trimax  (OTCPK:TMXN) 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%.


Trimax Equity-to-Asset Related Terms

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


Trimax (Trimax) Business Description

Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200-A, Torrance, CA, USA, 90501
Trimax Corp is a shell company.
Executives
Bradley Wilson officer: President 1794 BAY DR POMPANO BEACH FL 33062