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Chineseworldnet.com (Chineseworldnet.com) Equity-to-Asset : -0.98 (As of Dec. 2023)


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What is Chineseworldnet.com Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chineseworldnet.com's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.12 Mil. Chineseworldnet.com's Total Assets for the quarter that ended in Dec. 2023 was $0.12 Mil.

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

CWNOF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.98   Med: 0.83   Max: 0.94
Current: -0.98

During the past 13 years, the highest Equity to Asset Ratio of Chineseworldnet.com was 0.94. The lowest was -0.98. And the median was 0.83.

CWNOF's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs CWNOF: -0.98

Chineseworldnet.com Equity-to-Asset Historical Data

The historical data trend for Chineseworldnet.com'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.

Chineseworldnet.com Equity-to-Asset Chart

Chineseworldnet.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.68 0.57 -0.26 -0.98

Chineseworldnet.com Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 0.79 0.68 0.57 -0.26 -0.98

Competitive Comparison of Chineseworldnet.com's Equity-to-Asset

For the Shell Companies subindustry, Chineseworldnet.com'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.


Chineseworldnet.com's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chineseworldnet.com's Equity-to-Asset distribution charts can be found below:

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



Chineseworldnet.com 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.

Chineseworldnet.com's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.12/0.122
=

Chineseworldnet.com's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.12/0.122
=

* 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.


Chineseworldnet.com  (OTCPK:CWNOF) 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%.


Chineseworldnet.com Equity-to-Asset Related Terms

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


Chineseworldnet.com (Chineseworldnet.com) Business Description

Traded in Other Exchanges
N/A
Address
75 Fort Street, P.O. Box 190, Appleby, Clifton House, Grand Cayman, CYM, KY1-1104
Chineseworldnet.com Inc is a shell company.

Chineseworldnet.com (Chineseworldnet.com) Headlines

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