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Rainmaker Worldwide (Rainmaker Worldwide) Equity-to-Asset : -353.13 (As of Dec. 2023)


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What is Rainmaker Worldwide Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rainmaker Worldwide's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-10.95 Mil. Rainmaker Worldwide's Total Assets for the quarter that ended in Dec. 2023 was $0.03 Mil.

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

RAKR' s Equity-to-Asset Range Over the Past 10 Years
Min: -353.13   Med: -3.09   Max: 0.89
Current: -353.13

During the past 11 years, the highest Equity to Asset Ratio of Rainmaker Worldwide was 0.89. The lowest was -353.13. And the median was -3.09.

RAKR's Equity-to-Asset is ranked worse than
99.97% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs RAKR: -353.13

Rainmaker Worldwide Equity-to-Asset Historical Data

The historical data trend for Rainmaker Worldwide'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.

Rainmaker Worldwide Equity-to-Asset Chart

Rainmaker Worldwide Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -5.64 -25.79 -239.54 -353.13

Rainmaker Worldwide Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -239.54 -261.68 -116.87 -346.13 -353.13

Competitive Comparison of Rainmaker Worldwide's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Rainmaker Worldwide'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.


Rainmaker Worldwide's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rainmaker Worldwide's Equity-to-Asset distribution charts can be found below:

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



Rainmaker Worldwide 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.

Rainmaker Worldwide'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
=-10.947/0.031
=-353.13

Rainmaker Worldwide'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
=-10.947/0.031
=

* 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.


Rainmaker Worldwide  (OTCPK:RAKR) 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%.


Rainmaker Worldwide Equity-to-Asset Related Terms

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


Rainmaker Worldwide (Rainmaker Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
271 Brock Street, Peterborough, ON, CAN, K9H 2P8
Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.