SOLE (Sole Elite Group) Total Stockholders Equity: $24.97 Mil (As of Dec. 2014)

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What is Sole Elite Group Total Stockholders Equity?

Sole Elite Group SOLE Total Stockholders Equity is $24.97 Mil as of Dec. 2014.

Sole Elite Group's Total Stockholders Equity for the quarter that ended in Dec. 2014 was $24.97 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Sole Elite Group's Book Value per Share for the quarter that ended in Dec. 2014 was $N/A. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Sole Elite Group's Debt-to-Equity for the quarter that ended in Dec. 2014 was 0.07.

Sole Elite Group  (NAS:SOLE) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Sole Elite Group's Book Value per Share for the quarter that ended in Dec. 2014 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(24.969-0)/0
=N/A

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Sole Elite Group's Debt-to-Equity for the quarter that ended in Dec. 2014 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.846 + 0) / 24.969
=0.07

* 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.

Sole Elite Group Total Stockholders Equity Related Terms

Sole Elite Group Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Sole Elite Group's Total Stockholders Equity 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.

Sole Elite Group Total Stockholders Equity Chart

Sole Elite Group Annual Data
Trend Dec12 Dec13 Dec14
Total Stockholders Equity
19.59 28.92 24.97

Sole Elite Group Semi-Annual Data
Dec12 Dec13 Dec14
Total Stockholders Equity 19.59 28.92 24.97
What does a Total Stockholders Equity of $24.97 Mil mean?
Sole Elite Group (SOLE) has a Total Stockholders Equity of $24.97 Mil as of Dec. 2014. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Sole Elite Group and its competitors.
Is Sole Elite Group's Total Stockholders Equity too high?
Sole Elite Group's current Total Stockholders Equity is $24.97 Mil.
How does Sole Elite Group's Total Stockholders Equity compare to FORD and JCLY?
Sole Elite Group's Total Stockholders Equity of $24.97 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Stockholders Equity for a Manufacturing - Apparel & Accessories company?
A good Total Stockholders Equity depends on the Manufacturing - Apparel & Accessories industry context. However, Total Stockholders Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Sole Elite Group and its competitors. Sole Elite Group's current Total Stockholders Equity is $24.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sole Elite Group stock overvalued right now?
Sole Elite Group (SOLE) has a current Total Stockholders Equity of $24.97 Mil. The current Total Stockholders Equity is $24.97 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Sole Elite Group (SOLE), the current Total Stockholders Equity is $24.97 Mil as of Dec. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sole Elite Group Business Description

Sole Elite Group Ltd was formed on December 10, 2014. The Company, through its subsidiaries, is engaged in the business of designing, producing and selling shoe soles. It has four product lines: RB soles, MD soles, single color IP sole and dual color IP sole products. Its manufacturing facilities in China are located in Jinjiang, Fujian Province, which has a high concentration of footwear industry participants. Sports shoe soles are made of various materials, such as EVA, RB, PU, TPE, and TPU. The core materials of shoe soles are EVA and RB. The principal raw materials used in the production of its products are EVA, rubber, TPU, color dyes and other chemical additives. Its raw materials are sourced suppliers in the PRC located in Quanzhou, Fujian Province, which is close to its production facilities. It sells products to sportswear manufacturers that are based in China, including a number of companies in the athletic wear market, including Li-Ning, 361º, ERKE and Anta. It also sells products to OEM footwear companies for international athletic brands, such as Taiwan Ching Luh, which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour in Asia. Customers use its products as components in the athletic footwear that it sells to end consumers, athletic wear companies and shoe distributors. Its customer includes Fujian Ching Luh Shoes Co., Ltd., which is an OEM footwear company that is a supplier to Adidas, Reebok, Mizuno and Under Armour. Its direct competition comes from various shoe sole production companies in China, such as Multi Sports Holding Ltd., Victory New Materials Limited Company, Fenghua SoleTech AG, Tai Ya Shoes Co., Ltd., Mao Tai (Fujian) Soles Co., Ltd. and Xing Quan International Sports Holdings Limited. It currently hold four PRC patents. The Company is subject to all China's national and local laws and regulations, including those related to environmental protection, foreign currency, property ownership and taxation.