Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blue Biofuels's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-3.56 Mil. Blue Biofuels's Total Assets for the quarter that ended in Dec. 2023 was $1.03 Mil.
The historical rank and industry rank for Blue Biofuels's Equity-to-Asset or its related term are showing as below:
BIOF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -5.46 Med: -0.76 Max: 0.59
Current: -3.46
During the past 11 years, the highest Equity to Asset Ratio of Blue Biofuels was 0.59. The lowest was -5.46. And the median was -0.76.
BIOF's Equity-to-Asset is ranked worse than 99.24% of 1572
companies
in the Chemicals industry
Industry Median: 0.59
vs BIOF: -3.46
Blue Biofuels Equity-to-Asset Historical Data
The historical data trend for Blue Biofuels'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.
Competitive Comparison of Blue Biofuels's Equity-to-Asset
For the Specialty Chemicals subindustry, Blue Biofuels'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.
Blue Biofuels's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Blue Biofuels's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Blue Biofuels's Equity-to-Asset falls into.
Blue Biofuels 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.
Blue Biofuels's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Blue Biofuels (OTCPK:BIOF) 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%.
Blue Biofuels Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Blue Biofuels's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Biofuels (Blue Biofuels) Business Description
Blue Biofuels Inc is a technology company focused on emerging technologies in the renewable energy, biofuels, and new technologies sectors. It developed a technology system called Cellulose-to-Sugar 2.0 (CTS 2.0) which is a mechanical/chemical dry process for converting cellulose material into sugar for use in the biofuels industry. It can convert any cellulosic material like grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or King Grass, and the cellulosic portion of municipal solid waste into sugars and lignin, and subsequently into biofuels and bioplastics. This system produces sugar and chemically unmodified lignin among other by-products. The sugar can then be further converted into biofuels and the lignin into bioplastics.
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