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Avcorp Industries (Avcorp Industries) Equity-to-Asset : -0.58 (As of Jun. 2022)


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What is Avcorp Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Avcorp Industries's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $-43.59 Mil. Avcorp Industries's Total Assets for the quarter that ended in Jun. 2022 was $74.62 Mil. Therefore, Avcorp Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was -0.58.

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

AVPFF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.58   Med: 0.26   Max: 0.83
Current: -0.58

During the past 13 years, the highest Equity to Asset Ratio of Avcorp Industries was 0.83. The lowest was -0.58. And the median was 0.26.

AVPFF's Equity-to-Asset is not ranked
in the Aerospace & Defense industry.
Industry Median: 0.45 vs AVPFF: -0.58

Avcorp Industries Equity-to-Asset Historical Data

The historical data trend for Avcorp Industries'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.

Avcorp Industries Equity-to-Asset Chart

Avcorp Industries Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.31 -0.34 -0.40 -0.47

Avcorp Industries Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only Premium Member Only Premium Member Only -0.27 -0.31 -0.47 -0.49 -0.58

Competitive Comparison of Avcorp Industries's Equity-to-Asset

For the Aerospace & Defense subindustry, Avcorp Industries'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.


Avcorp Industries's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Avcorp Industries's Equity-to-Asset distribution charts can be found below:

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



Avcorp Industries 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.

Avcorp Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-37.584/80.185
=-0.47

Avcorp Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=-43.592/74.624
=-0.58

* 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.


Avcorp Industries  (OTCPK:AVPFF) 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%.


Avcorp Industries Equity-to-Asset Related Terms

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Avcorp Industries (Avcorp Industries) Business Description

Traded in Other Exchanges
N/A
Address
10025 River Way, Delta, BC, CAN, V4G 1M7
Avcorp Industries Inc is a Canada based manufacturer within the aerospace industry. It designs and builds structures for aircraft manufacturers. The reportable segments of the company are The Avcorp Structures and Integration segment, which offers metallic and composite aerostructures assembly and integration; The Comtek advanced Structures segment dedicated to aircraft structural component repair services, and design and manufacture of composite aerostructures; and The Avcorp Composite Fabrication segment which offers advanced composite aerostructures fabrication. The group makes sales internationally and generates a majority of the revenue from the Europe.