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CO2 Gro (CO2 Gro) Equity-to-Asset : 0.33 (As of Sep. 2023)


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What is CO2 Gro Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CO2 Gro's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.18 Mil. CO2 Gro's Total Assets for the quarter that ended in Sep. 2023 was $0.53 Mil. Therefore, CO2 Gro's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.33.

The historical rank and industry rank for CO2 Gro's Equity-to-Asset or its related term are showing as below:

BLONF' s Equity-to-Asset Range Over the Past 10 Years
Min: -22.54   Med: 0.38   Max: 0.85
Current: 0.33

During the past 12 years, the highest Equity to Asset Ratio of CO2 Gro was 0.85. The lowest was -22.54. And the median was 0.38.

BLONF's Equity-to-Asset is ranked worse than
78.88% of 251 companies
in the Agriculture industry
Industry Median: 0.53 vs BLONF: 0.33

CO2 Gro Equity-to-Asset Historical Data

The historical data trend for CO2 Gro'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.

CO2 Gro Equity-to-Asset Chart

CO2 Gro Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.57 0.77 0.50 0.65

CO2 Gro Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.82 0.79 0.65 0.56 0.33

Competitive Comparison of CO2 Gro's Equity-to-Asset

For the Agricultural Inputs subindustry, CO2 Gro'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.


CO2 Gro's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, CO2 Gro's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CO2 Gro's Equity-to-Asset falls into.



CO2 Gro 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.

CO2 Gro's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=0.678/1.048
=0.65

CO2 Gro's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.175/0.525
=0.33

* 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.


CO2 Gro  (OTCPK:BLONF) 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%.


CO2 Gro Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of CO2 Gro's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


CO2 Gro (CO2 Gro) Business Description

Traded in Other Exchanges
Address
40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1
CO2 GRO Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.