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Star Navigation Systems Group (Star Navigation Systems Group) Equity-to-Asset : -1.25 (As of Dec. 2023)


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What is Star Navigation Systems Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Star Navigation Systems Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.30 Mil. Star Navigation Systems Group's Total Assets for the quarter that ended in Dec. 2023 was $1.04 Mil. Therefore, Star Navigation Systems Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.25.

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

SNAVF' s Equity-to-Asset Range Over the Past 10 Years
Min: -11.75   Med: -1.53   Max: 0.19
Current: -1.25

During the past 13 years, the highest Equity to Asset Ratio of Star Navigation Systems Group was 0.19. The lowest was -11.75. And the median was -1.53.

SNAVF's Equity-to-Asset is ranked worse than
98.4% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs SNAVF: -1.25

Star Navigation Systems Group Equity-to-Asset Historical Data

The historical data trend for Star Navigation Systems Group'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.

Star Navigation Systems Group Equity-to-Asset Chart

Star Navigation Systems Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.81 -3.53 -2.27 -2.26 -0.22

Star Navigation Systems Group 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 -1.28 -0.90 -0.22 -0.64 -1.25

Competitive Comparison of Star Navigation Systems Group's Equity-to-Asset

For the Aerospace & Defense subindustry, Star Navigation Systems Group'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.


Star Navigation Systems Group's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Star Navigation Systems Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Star Navigation Systems Group's Equity-to-Asset falls into.



Star Navigation Systems Group 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.

Star Navigation Systems Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-0.406/1.883
=-0.22

Star Navigation Systems Group'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
=-1.304/1.04
=-1.25

* 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.


Star Navigation Systems Group  (OTCPK:SNAVF) 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%.


Star Navigation Systems Group Equity-to-Asset Related Terms

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Star Navigation Systems Group (Star Navigation Systems Group) Business Description

Traded in Other Exchanges
Address
11 Kenview Boulevard, Brampton, ON, CAN, L6T 5G5
Star Navigation Systems Group Ltd is focused on providing Aerospace Solutions. It is centred on devoting all its activity to the development, marketing and promotion of an in-flight Safety Monitoring System (STAR-ISMS), whereby data from an aircraft can be transmitted to ground stations for the duration of a flight. The services provided by the company include consultation, monitoring, maintenance, training and customer service. The group operates and generates revenue in Canada.

Star Navigation Systems Group (Star Navigation Systems Group) Headlines

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