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My City Builders (My City Builders) Equity-to-Asset : 0.03 (As of Jan. 2024)


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What is My City Builders Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. My City Builders's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $0.04 Mil. My City Builders's Total Assets for the quarter that ended in Jan. 2024 was $1.55 Mil. Therefore, My City Builders's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.03.

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

MYCB' s Equity-to-Asset Range Over the Past 10 Years
Min: -957   Med: 0.16   Max: 1
Current: 0.03

During the past 12 years, the highest Equity to Asset Ratio of My City Builders was 1.00. The lowest was -957.00. And the median was 0.16.

MYCB's Equity-to-Asset is ranked worse than
94.77% of 1837 companies
in the Real Estate industry
Industry Median: 0.44 vs MYCB: 0.03

My City Builders Equity-to-Asset Historical Data

The historical data trend for My City Builders'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.

My City Builders Equity-to-Asset Chart

My City Builders Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -306.50 -853.00 -957.00 0.92 -0.76

My City Builders Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.09 0.05 -0.76 -0.75 0.03

Competitive Comparison of My City Builders's Equity-to-Asset

For the Real Estate - Development subindustry, My City Builders'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.


My City Builders's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, My City Builders's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where My City Builders's Equity-to-Asset falls into.



My City Builders 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.

My City Builders's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-1.714/2.25
=-0.76

My City Builders's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=0.043/1.554
=0.03

* 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.


My City Builders  (OTCPK:MYCB) 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%.


My City Builders Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of My City Builders's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


My City Builders (My City Builders) Business Description

Traded in Other Exchanges
N/A
Address
100 Biscayne Boulevard, Suite 1611, Miami, FL, USA, 33132
My City Builders Inc with its subsidiary focuses on real estate transactions, in which it buys and develops real estate for sale or rent of low-income housing. It also plans to invest in three sectors of the market by buying, refurbishing, and selling traditional foreclosures, buying, developing, and renting Land Banks that have an average pool of homes or lots, and buying, refurbishing, or developing and selling homes made available by the government through HECM pools.
Executives
Francis Pittilloni director 488 NE 18TH STREET, APARTMENT 2307, MIAMI FL 33132
Yolanda Goodell director 1115 EAST 500 NORTH, LEHI UT 84043
Gonzalez Romero Jose Maria Eduardo director PH TORRE LA CRESTA, BELLAVISTA R1 0801
Iconic Private Equity Partners 10 percent owner 8/F, ASIA STANDARD TOWER, NO. 59-65 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Daniel Tsai director, officer: CEO, CFO, President 7579 NORTHRUP DR., SAN DIEGO CA 92126
Jennifer Irons officer: Chief Financial Officer 203 - 1634 HARVEY AVENUE, KELOWNA A1 V1V 6G2
Chad Ulansky director, officer: CEO&Pres, Treasurer, Secretary 203 - 1634 HARVEY AVE., KELOWNA A1 V1Y 6G2