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Affinity Energy and Health (Affinity Energy and Health) Equity-to-Asset : 0.11 (As of Dec. 2018)


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What is Affinity Energy and Health Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Affinity Energy and Health's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $0.62 Mil. Affinity Energy and Health's Total Assets for the quarter that ended in Dec. 2018 was $5.46 Mil.

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

ALGXY's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Affinity Energy and Health Equity-to-Asset Historical Data

The historical data trend for Affinity Energy and Health'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.

Affinity Energy and Health Equity-to-Asset Chart

Affinity Energy and Health Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.39 -0.15 -0.93 0.42 -1.04

Affinity Energy and Health Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 Premium Member Only -0.93 0.41 0.42 0.11 -1.04

Competitive Comparison of Affinity Energy and Health's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Affinity Energy and Health'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.


Affinity Energy and Health's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Affinity Energy and Health's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Affinity Energy and Health's Equity-to-Asset falls into.



Affinity Energy and Health 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.

Affinity Energy and Health's Equity to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Equity to Asset (A: Jun. 2019 )=Total Stockholders Equity/Total Assets
=-3.733/3.59
=-1.04

Affinity Energy and Health's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=0.618/5.455
=

* 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.


Affinity Energy and Health  (OTCPK:ALGXY) 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%.


Affinity Energy and Health Equity-to-Asset Related Terms

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Affinity Energy and Health (Affinity Energy and Health) Business Description

Traded in Other Exchanges
N/A
Address
Unit 2, 100-104 Railway Road, Spectrum Offices, Subiaco, WA, AUS, 6008
Affinity Energy and Health Ltd is a diversified plant-based health and wellbeing company. The company's focus is to produce commercial quantities of algae and medicinal cannabis for Medicinal cannabis, Algae-based nutraceuticals, Animal feed and aquaculture markets, and Biofuels. The group operates in two geographical locations being Australia and USA, Australia being the major revenue generator.

Affinity Energy and Health (Affinity Energy and Health) Headlines

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