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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tower One Wireless's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-4.99 Mil. Tower One Wireless's Total Assets for the quarter that ended in Sep. 2022 was $31.10 Mil.
Therefore, Tower One Wireless's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -0.16.
The historical rank and industry rank for Tower One Wireless's Equity-to-Asset or its related term are showing as below:
TOWTF's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.39 * Ranked among companies with meaningful Equity-to-Asset only.
Tower One Wireless (OTCPK:TOWTF) 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%.
Tower One Wireless Equity-to-Asset Related Terms
Tower One Wireless Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tower One Wireless'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.
TOWTF vs VZ, CMCSA, TMUS: Equity-to-Asset Comparison
For the Telecom Services subindustry, Tower One Wireless'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.
Tower One Wireless Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Tower One Wireless's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tower One Wireless's Equity-to-Asset falls into.
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.
Tower One Wireless's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 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.
Tower One Wireless (TOWTF) has a Equity-to-Asset of -0.16 as of Sep. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tower One Wireless and its competitors.
Is Tower One Wireless' Equity-to-Asset too high?
Tower One Wireless' current Equity-to-Asset is -0.16.
How does Tower One Wireless' Equity-to-Asset compare to VZ and CMCSA?
Tower One Wireless' Equity-to-Asset of -0.16 can be compared against companies in the Telecommunication Services industry. The industry median Equity-to-Asset is 0.39. 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 a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 371 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 Tower One Wireless and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tower One Wireless's current Equity-to-Asset is -0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tower One Wireless stock overvalued right now?
Tower One Wireless (TOWTF) has a current Equity-to-Asset of -0.16. The current Equity-to-Asset is -0.16. 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 Tower One Wireless (TOWTF), the current Equity-to-Asset is -0.16 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.
Tower One Wireless Corp is a Canada-based company that is a tower owner, operator, and developer of multitenant communications structures. Its primary business is leasing space on communication sites to mobile network operators. The company's geographical segments include Argentina, Colombia, Mexico, the United States of America, and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction, which supports the company's site leasing business, including the addition of new tenants and equipment on its sites.
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