TVCE (TVC Telecom) Equity-to-Asset: -0.97 (As of Dec. 2003)

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 TVC Telecom Equity-to-Asset?

TVC Telecom TVCE Equity-to-Asset is -0.97 as of Dec. 2003.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TVC Telecom's Total Stockholders Equity for the quarter that ended in Dec. 2003 was $-1.06 Mil. TVC Telecom's Total Assets for the quarter that ended in Dec. 2003 was $1.10 Mil. Therefore, TVC Telecom's Equity to Asset Ratio for the quarter that ended in Dec. 2003 was -0.97.

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

TVCE'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.

TVC Telecom  (OTCPK:TVCE) 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%.

TVC Telecom Equity-to-Asset Related Terms

TVC Telecom Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TVC Telecom'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.

TVC Telecom Equity-to-Asset Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Equity-to-Asset
Get a 7-Day Free Trial 0.48 0.54 0.44 -0.15 -0.97

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 -0.15 -0.63 -0.22 -0.49 -0.97

TVCE vs DIRV, FULO, TOWTF: Equity-to-Asset Comparison

For the Telecom Services subindustry, TVC Telecom'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.

TVC Telecom Equity-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TVC Telecom's Equity-to-Asset distribution charts can be found below:

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


TVC Telecom 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.

TVC Telecom's Equity to Asset Ratio for the fiscal year that ended in Dec. 2003 is calculated as

Equity to Asset (A: Dec. 2003 )=Total Stockholders Equity/Total Assets
=-1.064/1.1
=-0.97

TVC Telecom's Equity to Asset Ratio for the quarter that ended in Dec. 2003 is calculated as

Equity to Asset (Q: Dec. 2003 )=Total Stockholders Equity/Total Assets
=-1.064/1.1
=-0.97

* 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 -0.97 mean?
TVC Telecom (TVCE) has a Equity-to-Asset of -0.97 as of Dec. 2003. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TVC Telecom and its competitors.
Is TVC Telecom's Equity-to-Asset too high?
TVC Telecom's current Equity-to-Asset is -0.97.
How does TVC Telecom's Equity-to-Asset compare to DIRV and FULO?
TVC Telecom's Equity-to-Asset of -0.97 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 370 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 TVC Telecom 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. TVC Telecom's current Equity-to-Asset is -0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current Equity-to-Asset of -0.97. The current Equity-to-Asset is -0.97. 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 TVC Telecom (TVCE), the current Equity-to-Asset is -0.97 as of Dec. 2003. 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.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.