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Scientific Energy (Scientific Energy) Equity-to-Asset : 0.84 (As of Dec. 2023)


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What is Scientific Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scientific Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $69.19 Mil. Scientific Energy's Total Assets for the quarter that ended in Dec. 2023 was $81.95 Mil. Therefore, Scientific Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

SCGY' s Equity-to-Asset Range Over the Past 10 Years
Min: -29.75   Med: -3.14   Max: 0.84
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Scientific Energy was 0.84. The lowest was -29.75. And the median was -3.14.

SCGY's Equity-to-Asset is ranked better than
81.57% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs SCGY: 0.84

Scientific Energy Equity-to-Asset Historical Data

The historical data trend for Scientific Energy'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.

Scientific Energy Equity-to-Asset Chart

Scientific Energy 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 -15.85 -29.75 0.84 0.83 0.84

Scientific Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 0.83 0.85 0.85 0.86 0.84

Competitive Comparison of Scientific Energy's Equity-to-Asset

For the Internet Content & Information subindustry, Scientific Energy'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.


Scientific Energy's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Scientific Energy's Equity-to-Asset distribution charts can be found below:

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



Scientific Energy 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.

Scientific Energy'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
=69.187/81.949
=0.84

Scientific Energy'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
=69.187/81.949
=0.84

* 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.


Scientific Energy  (OTCPK:SCGY) 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%.


Scientific Energy Equity-to-Asset Related Terms

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


Scientific Energy (Scientific Energy) Business Description

Traded in Other Exchanges
N/A
Address
105 Xian Xinghai Great Road, Room K, 9F, Golden Dragon Centre, Macau, CHN
Scientific Energy Inc involves in the e-commerce industry. It is a firm principally engaged in developing a website (Makeliving) for providing an e-commerce platform provisioning exchange of goods and services along with its subsidiary. Makeliving is intended to act both as a platform and as a conduit between individuals or companies who desire to acquire goods and services to individuals or companies who desire to offer goods and services.
Executives
Haitao Jiang 10 percent owner RUA DE MADRID, NO.21, WAN YU VILLAS, 9J, MACAU N5 999078
Aspect Group Ltd 10 percent owner HY DIAMOND EXCHANGE BLDG, SUITE A, 7TH FLOOR, HONG KONG XX CHINA
Liang Huang 10 percent owner NO. 43 KUIHUALI, APT. 502, ZHUHUI DISTRICT, HENGYANG, HUNAN PROVINCE F4 421002
Chan Stanley P.c. 10 percent owner C/O 475 EAST 70TH STREET, #7C, NEW YORK NY 10021
Dale C Gledhill director 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Todd B Crosland director, 10 percent owner, officer: President 630 NORTH 400 WEST, SALT LAKE CITY UT 84103
Mark Clawson director 630 N. 400 WEST, SALT LAKE CITY UT 84103
Jana K Meyer director, officer: Secretary 630 N. 400 WEST, SALT LAKE CITY UT 84103

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