NNRF (NNRI) Equity-to-Asset : 0.86 (As of Sep. 2023)

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What is NNRF Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NNRF's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $4.18 Mil. NNRF's Total Assets for the quarter that ended in Sep. 2023 was $4.85 Mil.

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

NNRI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86 Med: 0.86 Max: 0.86
Current: 0.86

During the past 0 years, the highest Equity to Asset Ratio of NNRF was 0.86. The lowest was 0.86. And the median was 0.86.

NNRI's Equity-to-Asset is ranked better than
54.96% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs NNRI: 0.86

NNRF Equity-to-Asset Historical Data

The historical data trend for NNRF'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.

NNRF Equity-to-Asset Chart

NNRF Annual Data

Trend

Equity-to-Asset

NNRF Quarterly Data
	Sep22	Sep23
Equity-to-Asset	-	0.86

Competitive Comparison of NNRF's Equity-to-Asset

For the Asset Management subindustry, NNRF'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.

NNRF's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NNRF's Equity-to-Asset distribution charts can be found below:

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

NNRF 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.

NNRF's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

NNRF's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.179	/	4.854
	=

NNRF (OTCPK:NNRI) 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%.

NNRF Equity-to-Asset Related Terms

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

NNRF (NNRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NNRF Inc (OTCPK:NNRI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2475 Hiko Avenue, Reno, NV, USA, 89512

Website

http://www.nucon-rf.com

NNRF Inc is a project development and asset management company focused on environmental, agricultural, and nutraceutical fields. It is positioning itself as an eco-friendly holding company. The company aims to become a diversified holding company, maximizing shareholders' value and enabling economic development with a specific focus on emerging green markets. It looks to build value by targeting companies that are positioned to grow as the world moves to invest in and develop green technologies, green energy, and healthier living and lifestyles.

NNRF (NNRI) Headlines

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