TXTM (ProText Mobility) Equity-to-Asset: -327.90 (As of Sep. 2014)

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What is ProText Mobility Equity-to-Asset?

ProText Mobility TXTM +4.00% Equity-to-Asset is -327.90 as of Sep. 2014.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ProText Mobility's Total Stockholders Equity for the quarter that ended in Sep. 2014 was $-6.56 Mil. ProText Mobility's Total Assets for the quarter that ended in Sep. 2014 was $0.02 Mil. Therefore, ProText Mobility's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was -327.90.

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

TXTM's Equity-to-Asset is not ranked *
in the Biotechnology industry.
Industry Median: 0.68
* Ranked among companies with meaningful Equity-to-Asset only.

ProText Mobility  (OTCPK:TXTM) 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%.


ProText Mobility Equity-to-Asset Related Terms


ProText Mobility Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for ProText Mobility'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.

ProText Mobility Equity-to-Asset Chart

ProText Mobility Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.89 -6.01 -12.05 -1,485.33 -1,139.80

ProText Mobility Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -319.29 -1,139.80 -71.58 -250.39 -327.90

TXTM vs DRSV, YPPN, CYBF: Equity-to-Asset Comparison

For the Biotechnology subindustry, ProText Mobility'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.


ProText Mobility Equity-to-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ProText Mobility's Equity-to-Asset distribution charts can be found below:

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



ProText Mobility 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.

ProText Mobility's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=-5.699/0.005
=-1,139.80

ProText Mobility's Equity to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Equity to Asset (Q: Sep. 2014 )=Total Stockholders Equity/Total Assets
=-6.558/0.02
=-327.90

* 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 -327.90 mean?
ProText Mobility (TXTM) has a Equity-to-Asset of -327.90 as of Sep. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on ProText Mobility and its competitors.
Is ProText Mobility's Equity-to-Asset too high?
ProText Mobility's current Equity-to-Asset is -327.90.
How does ProText Mobility's Equity-to-Asset compare to DRSV and YPPN?
ProText Mobility's Equity-to-Asset of -327.90 can be compared against companies in the Biotechnology industry. The industry median Equity-to-Asset is 0.68. 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 Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.68, based on 1,415 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 ProText Mobility and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ProText Mobility's current Equity-to-Asset is -327.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProText Mobility stock overvalued right now?
ProText Mobility (TXTM) has a current Equity-to-Asset of -327.90. The current Equity-to-Asset is -327.90. 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 ProText Mobility (TXTM), the current Equity-to-Asset is -327.90 as of Sep. 2014. 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.

ProText Mobility Business Description

Address One West Las Olas Boulevard, Suite 500, Fort Lauderdale, FL, USA, 33301
ProText Mobility Inc is a Biotech Company developing a Hemp/CBD-Cannabis medicines platform for the legal cannabis industry, using proprietary live plant extraction processes and technologies. Protext has engaged in the research, testing, and development of bioavailable botanical products, all-natural ingredients formulated for nutraceuticals and pharmaceutical applications through proprietary live plant extraction technology.