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ReTo Eco-Solutions (ReTo Eco-Solutions) Equity-to-Asset

: -0.07 (As of Jun. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ReTo Eco-Solutions's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-1.33 Mil. ReTo Eco-Solutions's Total Assets for the quarter that ended in Jun. 2023 was $20.34 Mil. Therefore, ReTo Eco-Solutions's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -0.07.

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

RETO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.44   Max: 0.62
Current: -0.07

During the past 8 years, the highest Equity to Asset Ratio of ReTo Eco-Solutions was 0.62. The lowest was -0.07. And the median was 0.44.

RETO's Equity-to-Asset is ranked worse than
97.43% of 389 companies
in the Building Materials industry
Industry Median: 0.53 vs RETO: -0.07

ReTo Eco-Solutions Equity-to-Asset Historical Data

The historical data trend for ReTo Eco-Solutions'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.

ReTo Eco-Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only 0.62 0.51 0.47 0.44 0.18

ReTo Eco-Solutions Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.41 0.44 0.40 0.18 -0.07

Competitive Comparison

For the Building Materials subindustry, ReTo Eco-Solutions'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.


ReTo Eco-Solutions Equity-to-Asset Distribution

For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Equity-to-Asset distribution charts can be found below:

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



ReTo Eco-Solutions 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.

ReTo Eco-Solutions'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
=4.239/24.058
=0.18

ReTo Eco-Solutions'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
=-1.327/20.343
=-0.07

* 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.


ReTo Eco-Solutions  (NAS:RETO) 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%.


ReTo Eco-Solutions Equity-to-Asset Related Terms

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ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description

Traded in Other Exchanges
N/A
Address
C/o Beijing REIT Technology Development Co., Ltd., X-702, Runfengdeshangyuan, 60 Anli Road, Chaoyang District, Beijing, CHN, 100101
ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.