GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Towerstream Corp (OTCPK:TWER) » Definitions » Equity-to-Asset

Towerstream (Towerstream) Equity-to-Asset : -1.33 (As of Dec. 2018)


View and export this data going back to 1994. Start your Free Trial

What is Towerstream Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Towerstream's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-24.44 Mil. Towerstream's Total Assets for the quarter that ended in Dec. 2018 was $18.42 Mil. Therefore, Towerstream's Equity to Asset Ratio for the quarter that ended in Dec. 2018 was -1.33.

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

TWER's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

Towerstream Equity-to-Asset Historical Data

The historical data trend for Towerstream'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.

Towerstream Equity-to-Asset Chart

Towerstream Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.05 -0.08 -0.54 -1.33

Towerstream Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -0.54 -0.74 -0.90 -1.12 -1.33

Competitive Comparison of Towerstream's Equity-to-Asset

For the Telecom Services subindustry, Towerstream'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.


Towerstream's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Towerstream's Equity-to-Asset distribution charts can be found below:

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



Towerstream 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.

Towerstream's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=-24.44/18.419
=-1.33

Towerstream'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
=-24.44/18.419
=-1.33

* 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.


Towerstream  (OTCPK:TWER) 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%.


Towerstream Equity-to-Asset Related Terms

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


Towerstream (Towerstream) Business Description

Traded in Other Exchanges
N/A
Address
76 Hammarlund Way, Middletown, RI, USA, 02842
Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.
Executives
William John Bush director 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler director C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega officer: Chief Executive Officer 18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson director, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon officer: Chief Financial Officer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii officer: Chief Financial Officer C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190

Towerstream (Towerstream) Headlines