Bon Natural Life (Bon Natural Life) Equity-to-Asset : 0.76 (As of Sep. 2023)

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What is Bon Natural Life Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bon Natural Life's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $35.49 Mil. Bon Natural Life's Total Assets for the quarter that ended in Sep. 2023 was $46.56 Mil. Therefore, Bon Natural Life's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.76.

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

BON' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.57 Max: 0.79
Current: 0.76

During the past 6 years, the highest Equity to Asset Ratio of Bon Natural Life was 0.79. The lowest was 0.27. And the median was 0.57.

BON's Equity-to-Asset is ranked better than
81.46% of 1915 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs BON: 0.76

Bon Natural Life Equity-to-Asset Historical Data

The historical data trend for Bon Natural Life'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.

Bon Natural Life Equity-to-Asset Chart

Bon Natural Life Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.35

0.42

0.71

0.79

0.76

Bon Natural Life Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial						0.71	0.74	0.79	0.74	0.76

Competitive Comparison of Bon Natural Life's Equity-to-Asset

For the Packaged Foods subindustry, Bon Natural Life'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.

Bon Natural Life's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bon Natural Life's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bon Natural Life's Equity-to-Asset falls into.

Bon Natural Life 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.

Bon Natural Life'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
	=	35.485	/	46.556
	=	0.76

Bon Natural Life'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
	=	35.485	/	46.556
	=	0.76

Bon Natural Life (NAS:BON) 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%.

Bon Natural Life Equity-to-Asset Related Terms

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

Bon Natural Life (Bon Natural Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bon Natural Life Ltd (NAS:BON) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

C601, Gazelle Valley, No.69 Jinye Road, Xi’an Hi-tech Zone, Xi’an, CHN, 710077

Website

https://www.bnlus.com

Bon Natural Life Ltd is engaged in the manufacturing of personal care ingredients, such as plant extracted fragrance compounds to perfume and fragrance manufacturers, natural health supplements such as powder drinks and bioactive food ingredient products mostly used as food additives and nutritional supplements. The company has its geographic presence in PRC and in Overseas.