GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mass Megawatts Wind Power Inc (OTCPK:MMMW) » Definitions » Equity-to-Asset

Mass Megawatts Wind Power (Mass Megawatts Wind Power) Equity-to-Asset : -137.67 (As of Jan. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Mass Megawatts Wind Power Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mass Megawatts Wind Power's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.41 Mil. Mass Megawatts Wind Power's Total Assets for the quarter that ended in Jan. 2024 was $0.00 Mil.

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

MMMW' s Equity-to-Asset Range Over the Past 10 Years
Min: -397   Med: -8.11   Max: -0.17
Current: -137.67

During the past 9 years, the highest Equity to Asset Ratio of Mass Megawatts Wind Power was -0.17. The lowest was -397.00. And the median was -8.11.

MMMW's Equity-to-Asset is ranked worse than
99.77% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs MMMW: -137.67

Mass Megawatts Wind Power Equity-to-Asset Historical Data

The historical data trend for Mass Megawatts Wind Power'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.

Mass Megawatts Wind Power Equity-to-Asset Chart

Mass Megawatts Wind Power Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr21 Apr22 Apr23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only -4.56 -6.43 -0.79 -0.17 -90.00

Mass Megawatts Wind Power Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 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 -11.64 -90.00 -397.00 -385.00 -137.67

Competitive Comparison of Mass Megawatts Wind Power's Equity-to-Asset

For the Utilities - Renewable subindustry, Mass Megawatts Wind Power'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.


Mass Megawatts Wind Power's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mass Megawatts Wind Power's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mass Megawatts Wind Power's Equity-to-Asset falls into.



Mass Megawatts Wind Power 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.

Mass Megawatts Wind Power's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )=Total Stockholders Equity/Total Assets
=-0.27/0.003
=

Mass Megawatts Wind Power'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
=-0.413/0.003
=

* 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.


Mass Megawatts Wind Power  (OTCPK:MMMW) 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%.


Mass Megawatts Wind Power Equity-to-Asset Related Terms

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


Mass Megawatts Wind Power (Mass Megawatts Wind Power) Business Description

Traded in Other Exchanges
N/A
Address
100 Boston Turnpike, Suite J9B No. 290, Shrewsbury, MA, USA, 01545
Mass Megawatts Wind Power Inc operates in the development of low-cost, clean energy systems to meet the increasing global demand for energy through the use of environmentally-friendly technologies. The business activity of the group primarily includes producing wind turbines and selling wind-generated electricity. The company's products include MultiAxis Turbosystem and Solar Tracking System. The activities functioned throughout the region of the United States.
Executives
Jonathan Ricker director, 10 percent owner, officer: Chairman and CEO P.O. BOX 60398, WORCESTER MD 01606
Richard Barcia officer: Chief Operating Officer 2663 E 90TH PLACE, DENVER CO 80229
Thomas F Weisz 10 percent owner 20201 E. COUNTRY CLUB DRIVE, APT. 707, AVENTURA FL 33180