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Novogen Ltd  (NAS:NVGN) Equity-to-Asset: 0.96 (As of Jun. 2016)

Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Novogen Ltd's Total Equity for the quarter that ended in Jun. 2016 was $25.12 Mil. 's Total Assets for the quarter that ended in Jun. 2016 was $26.29 Mil. Therefore, Novogen Ltd's Equity to Asset Ratio for the quarter that ended in Jun. 2016 was 0.96.

NAS:NVGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Max: 0.97
Current: 0.7

0.32
0.97

During the past 13 years, the highest Equity to Asset Ratio of Novogen Ltd was 0.97. The lowest was 0.32. And the median was 0.72.

NAS:NVGN's Equity-to-Asset is ranked higher than
60% of the 731 Companies
in the Global industry.

( Industry Median: 0.64 vs. NAS:NVGN: 0.70 )

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Novogen Ltd Annual Data

Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.70 0.32 0.97 0.96

Novogen Ltd Semi-Annual Data

Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 0.81 0.97 0.97 0.96 0.70

Competitive Comparison
* 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.


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 shareholder's tangible equity divided by its total asset.

Novogen Ltd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Equity to Asset (A: Jun. 2016 )=Total Equity/Total Assets
=25.1154700222/26.289415248
=0.96

Novogen Ltd's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Equity/Total Assets
=25.1154700222/26.289415248
=0.96

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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%.


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