VSOLF (Three Sixty Solar) Equity-to-Asset: -4.68 (As of Jun. 2024)

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What is Three Sixty Solar Equity-to-Asset?

Three Sixty Solar VSOLF -99.99% Equity-to-Asset is -4.68 as of Jun. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Three Sixty Solar's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-1.26 Mil. Three Sixty Solar's Total Assets for the quarter that ended in Jun. 2024 was $0.27 Mil.

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

VSOLF's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.625
* Ranked among companies with meaningful Equity-to-Asset only.

Three Sixty Solar  (OTCPK:VSOLF) 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%.

Three Sixty Solar Equity-to-Asset Related Terms

Three Sixty Solar Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Equity-to-Asset Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.95 0.91 0.81 -0.91

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.41 -0.91 -1.45 -3.04 -4.68

VSOLF vs FSLR, NXT, ENPH: Equity-to-Asset Comparison

For the Solar subindustry, Three Sixty Solar'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.

Three Sixty Solar Equity-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Three Sixty Solar's Equity-to-Asset falls into.


Three Sixty Solar 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.

Three Sixty Solar's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.552/0.605
=

Three Sixty Solar's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-1.258/0.269
=

* 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 -4.68 mean?
Three Sixty Solar (VSOLF) has a Equity-to-Asset of -4.68 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Three Sixty Solar and its competitors.
Is Three Sixty Solar's Equity-to-Asset too high?
Three Sixty Solar's current Equity-to-Asset is -4.68.
How does Three Sixty Solar's Equity-to-Asset compare to FSLR and NXT?
Three Sixty Solar's Equity-to-Asset of -4.68 can be compared against companies in the Semiconductors industry. The industry median Equity-to-Asset is 0.63. 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 Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.63, based on 1,034 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 Three Sixty Solar and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three Sixty Solar's current Equity-to-Asset is -4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current Equity-to-Asset of -4.68. The current Equity-to-Asset is -4.68. 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 Three Sixty Solar (VSOLF), the current Equity-to-Asset is -4.68 as of Jun. 2024. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.