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China Carbon Graphite Group (China Carbon Graphite Group) Equity-to-Asset

: -3.11 (As of Sep. 2021)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Carbon Graphite Group's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $-2.39 Mil. China Carbon Graphite Group's Total Assets for the quarter that ended in Sep. 2021 was $0.77 Mil. Therefore, China Carbon Graphite Group's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was -3.11.

The historical rank and industry rank for China Carbon Graphite Group's Equity-to-Asset or its related term are showing as below:

CHGI's Equity-to-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

China Carbon Graphite Group Equity-to-Asset Historical Data

The historical data trend for China Carbon Graphite Group'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.

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.80 -7.77 -18.73 -15.62 -22.13

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -20.16 -22.13 -24.01 -9.02 -3.11

Competitive Comparison

For the Electrical Equipment & Parts subindustry, China Carbon Graphite Group'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.


China Carbon Graphite Group Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Equity-to-Asset falls into.



China Carbon Graphite Group 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.

China Carbon Graphite Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=-2.7/0.122
=-22.13

China Carbon Graphite Group's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=-2.385/0.766
=-3.11

* 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.


China Carbon Graphite Group  (OTCPK:CHGI) 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%.


China Carbon Graphite Group Equity-to-Asset Related Terms

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China Carbon Graphite Group (China Carbon Graphite Group) Business Description

Traded in Other Exchanges
N/A
Address
20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.