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Charleslvard (Charleslvard) Equity-to-Asset

: 0.78 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Charleslvard's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $34.49 Mil. Charleslvard's Total Assets for the quarter that ended in Dec. 2023 was $44.47 Mil. Therefore, Charleslvard's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

CTHR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.86   Max: 0.92
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Charleslvard was 0.92. The lowest was 0.78. And the median was 0.86.

CTHR's Equity-to-Asset is ranked better than
89.89% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs CTHR: 0.78

Charleslvard Equity-to-Asset Historical Data

The historical data trend for Charleslvard'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.

Charleslvard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.85 0.86 0.86 0.81

Charleslvard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.86 0.87 0.81 0.80 0.78

Competitive Comparison

For the Luxury Goods subindustry, Charleslvard'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.


Charleslvard Equity-to-Asset Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Charleslvard's Equity-to-Asset distribution charts can be found below:

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



Charleslvard 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.

Charleslvard's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=39.775/48.884
=0.81

Charleslvard's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=34.488/44.466
=0.78

* 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.


Charleslvard  (NAS:CTHR) 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%.


Charleslvard Equity-to-Asset Related Terms

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


Charleslvard (Charleslvard) Business Description

Traded in Other Exchanges
Address
170 Southport Drive, Morrisville, NC, USA, 27560
Charles & Colvard Ltd manufactures, markets, and distributes finished jewellery which also includes moissanite gemstone in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment. It generates maximum revenue from the Online Channels segment. Online Channels segment which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets.
Executives
Don O'connell director, officer: President and CEO C/O CHARLES & COLVARD, LTD., 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Ollin B Sykes director C/O GATEWAY FINANCIAL HODINGS, P O BOX 1908, ELIZABETH CITY NC 27906
Clint J. Pete officer: CFO 1805 DUNES COURT, RALEIGH NC 27615
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Anne M Butler director 59 ARMSTRONG ROAD, P.O. BOX 976, PLYMOUTH MA 02360
Benedetta I Casamento director 200 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Suzanne Miglucci director, officer: President and CEO 10305 WHITESTONE ROAD, RALEIGH NC 27615
Jaqui Lividini director 27 EAST 95TH STREET, NEW YORK NY 10128
George R. Cattermole director 300 PERIMETER PARK DRIVE, STE A, MORRISVILLE NC 27560
Randy N Mccullough officer: President & CEO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Kyle Macemore officer: CFO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Charles D Lein director C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
Timothy L Krist officer: Chief Financial Officer C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Steve Larkin director 901 WEST WALNUT HILL LANE, IRVING TX 75038