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Concrete Leveling Systems (Concrete Leveling Systems) Equity-to-Asset : -19.67 (As of Jan. 2024)


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What is Concrete Leveling Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Concrete Leveling Systems's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.53 Mil. Concrete Leveling Systems's Total Assets for the quarter that ended in Jan. 2024 was $0.03 Mil.

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

CLEV' s Equity-to-Asset Range Over the Past 10 Years
Min: -20.8   Med: -11.9   Max: -1.36
Current: -19.67

During the past 13 years, the highest Equity to Asset Ratio of Concrete Leveling Systems was -1.36. The lowest was -20.80. And the median was -11.90.

CLEV's Equity-to-Asset is ranked worse than
100% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs CLEV: -19.67

Concrete Leveling Systems Equity-to-Asset Historical Data

The historical data trend for Concrete Leveling Systems'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.

Concrete Leveling Systems Equity-to-Asset Chart

Concrete Leveling Systems 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 -12.24 -12.82 -15.08 -16.96 -19.76

Concrete Leveling Systems 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 -17.44 -17.85 -19.76 -20.80 -19.67

Competitive Comparison of Concrete Leveling Systems's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Concrete Leveling Systems'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.


Concrete Leveling Systems's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Concrete Leveling Systems's Equity-to-Asset distribution charts can be found below:

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



Concrete Leveling Systems 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.

Concrete Leveling Systems'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
=-0.494/0.025
=-19.76

Concrete Leveling Systems'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
=-0.531/0.027
=

* 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.


Concrete Leveling Systems  (OTCPK:CLEV) 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%.


Concrete Leveling Systems Equity-to-Asset Related Terms

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


Concrete Leveling Systems (Concrete Leveling Systems) Business Description

Traded in Other Exchanges
N/A
Address
5046 East Boulevard, Northwest, Canton, OH, USA, 44718
Concrete Leveling Systems Inc is a United States-based company operating in two divisions. The concrete leveling division of the business fabricates and markets a concrete leveling service unit utilized in the concrete leveling industry. The gaming and hospitality division of the business focuses on casino gaming, hospitality, entertainment, and leisure time industries, and will pursue opportunities in the tribal and commercial casino gaming industries, both in California and Nevada.
Executives
Georgiou Family Trust Dated 6/22/09 10 percent owner 2857 PARADISE RD. #3502, LAS VEGAS NV 89109-9046
Ronald J Tassinari 10 percent owner PO BOX 81920, LAS VEGAS NV 89180
Jericho Partners Llc 10 percent owner 33 MAIN ST., NEWTOWN CT 06470
Rt Two Llc 10 percent owner P.O. BOX 81890, LAS VEGAS NV 89180
Robert Tassinari 10 percent owner P.O. BOX 194, NEWKINGSTON NY 12459
Edward A Barth director, 10 percent owner, officer: President 5046 EAST BLVD NW, CANTON OH 44718
Eugene H Swearengin director, officer: Secretary
Suzanne I Barth director, 10 percent owner, officer: President