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Coinsilium Group (Coinsilium Group) Equity-to-Asset : 0.99 (As of Jun. 2023)


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What is Coinsilium Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coinsilium Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $5.11 Mil. Coinsilium Group's Total Assets for the quarter that ended in Jun. 2023 was $5.18 Mil. Therefore, Coinsilium Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.99.

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

CINGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88   Med: 0.96   Max: 0.99
Current: 0.99

During the past 8 years, the highest Equity to Asset Ratio of Coinsilium Group was 0.99. The lowest was 0.88. And the median was 0.96.

CINGF's Equity-to-Asset is ranked better than
99.75% of 2836 companies
in the Software industry
Industry Median: 0.55 vs CINGF: 0.99

Coinsilium Group Equity-to-Asset Historical Data

The historical data trend for Coinsilium 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.

Coinsilium Group Equity-to-Asset Chart

Coinsilium Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.96 0.96 0.98 0.95 0.96

Coinsilium Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.96 0.95 0.92 0.96 0.99

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

For the Software - Application subindustry, Coinsilium 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.


Coinsilium Group's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Coinsilium Group's Equity-to-Asset distribution charts can be found below:

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



Coinsilium 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.

Coinsilium Group'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
=4.622/4.799
=0.96

Coinsilium Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=5.109/5.177
=0.99

* 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.


Coinsilium Group  (OTCPK:CINGF) 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%.


Coinsilium Group Equity-to-Asset Related Terms

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Coinsilium Group (Coinsilium Group) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
Coinsilium Group Ltd is engaged in investing in blockchain technologies with a focus on fintech. The company's segment includes Investing; Advisory and Corporate. It generates maximum revenue from the Investing segment. Geographically, it operates in the United Kingdom and the British Virgin Islands.

Coinsilium Group (Coinsilium Group) Headlines

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