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


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What is Thermwood Equity-to-Asset?

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: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Thermwood Equity-to-Asset Historical Data

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.

* Premium members only.

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

Competitive Comparison of Thermwood's Equity-to-Asset

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's Equity-to-Asset Distribution in the 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.


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

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Thermwood (Thermwood) Business Description

Traded in Other Exchanges
N/A
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.

Thermwood (Thermwood) Headlines

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