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UMAX (Umax Group) Equity-to-Asset : -3.38 (As of Apr. 2018)


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What is Umax Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Umax Group's Total Stockholders Equity for the quarter that ended in Apr. 2018 was $-0.07 Mil. Umax Group's Total Assets for the quarter that ended in Apr. 2018 was $0.02 Mil. Therefore, Umax Group's Equity to Asset Ratio for the quarter that ended in Apr. 2018 was -3.38.

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

UMAX's Equity-to-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Umax Group Equity-to-Asset Historical Data

The historical data trend for Umax Group'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.

Umax Group Equity-to-Asset Chart

Umax Group Annual Data
Trend Apr12 Apr13 Apr17 Apr18
Equity-to-Asset
0.79 - 0.73 -3.38

Umax Group Semi-Annual Data
Apr12 Apr13 Apr17 Apr18
Equity-to-Asset 0.79 - 0.73 -3.38

Competitive Comparison of Umax Group's Equity-to-Asset

For the Entertainment subindustry, Umax Group'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.


Umax Group's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Umax Group's Equity-to-Asset distribution charts can be found below:

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



Umax Group 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.

Umax Group's Equity to Asset Ratio for the fiscal year that ended in Apr. 2018 is calculated as

Equity to Asset (A: Apr. 2018 )=Total Stockholders Equity/Total Assets
=-0.071/0.021
=-3.38

Umax Group's Equity to Asset Ratio for the quarter that ended in Apr. 2018 is calculated as

Equity to Asset (Q: Apr. 2018 )=Total Stockholders Equity/Total Assets
=-0.071/0.021
=-3.38

* 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.


Umax Group  (OTCPK:UMAX) 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%.


Umax Group Equity-to-Asset Related Terms

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Umax Group Business Description

Traded in Other Exchanges
N/A
Address
2020 Bay Street, Los Angeles, CA, USA, 90012
Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.