TOOD (Thermwood) Equity-to-Asset: 0.29 (As of Jul. 2001)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Thermwood Equity-to-Asset?

Thermwood TOOD Equity-to-Asset is 0.29 as of Jul. 2001.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thermwood's Total Stockholders Equity for the quarter that ended in Jul. 2001 was $3.49 Mil. Thermwood's Total Assets for the quarter that ended in Jul. 2001 was $12.19 Mil. Therefore, Thermwood's Equity to Asset Ratio for the quarter that ended in Jul. 2001 was 0.29.

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

TOOD's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Thermwood  (OTCPK:TOOD) 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%.


Thermwood Equity-to-Asset Related Terms


Thermwood Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Thermwood'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.

Thermwood Equity-to-Asset Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.52 0.31 0.32 0.29

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 0.32 0.34 0.35 0.31 0.29

TOOD vs EVTN, NRBT: Equity-to-Asset Comparison

For the Specialty Industrial Machinery subindustry, Thermwood'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.


Thermwood Equity-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermwood's Equity-to-Asset distribution charts can be found below:

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



Thermwood 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.

Thermwood's Equity to Asset Ratio for the fiscal year that ended in Jul. 2001 is calculated as

Equity to Asset (A: Jul. 2001 )=Total Stockholders Equity/Total Assets
=3.494/12.193
=0.29

Thermwood's Equity to Asset Ratio for the quarter that ended in Jul. 2001 is calculated as

Equity to Asset (Q: Jul. 2001 )=Total Stockholders Equity/Total Assets
=3.494/12.193
=0.29

* 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 0.29 mean?
Thermwood (TOOD) has a Equity-to-Asset of 0.29 as of Jul. 2001. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thermwood and its competitors.
Is Thermwood's Equity-to-Asset too high?
Thermwood's current Equity-to-Asset is 0.29. The Industrial Products industry median Equity-to-Asset is 0.57. Thermwood's value of 0.29 is 49.1% below this industry median.
How does Thermwood's Equity-to-Asset compare to EVTN and NRBT?
Thermwood's Equity-to-Asset of 0.29 can be compared against companies in the Industrial Products industry. The industry median Equity-to-Asset is 0.57. Thermwood's value of 0.29 is 49.1% below this benchmark. 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 Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.57, based on 3,079 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. Thermwood's current Equity-to-Asset of 0.29 is 49.1% below the industry median. 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 Thermwood and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermwood's current Equity-to-Asset is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current Equity-to-Asset of 0.29. The current Equity-to-Asset is 0.29 and 49.1% below the Industrial Products industry median of 0.57. 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 Thermwood (TOOD), the current Equity-to-Asset is 0.29 as of Jul. 2001. 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.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.