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Token Communities (Token Communities) Equity-to-Asset : -13.18 (As of Dec. 2023)


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What is Token Communities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Token Communities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.50 Mil. Token Communities's Total Assets for the quarter that ended in Dec. 2023 was $0.11 Mil.

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

TKCM' s Equity-to-Asset Range Over the Past 10 Years
Min: -1980   Med: -42.37   Max: -5
Current: -13.18

During the past 7 years, the highest Equity to Asset Ratio of Token Communities was -5.00. The lowest was -1980.00. And the median was -42.37.

TKCM's Equity-to-Asset is not ranked
in the Capital Markets industry.
Industry Median: 0.5 vs TKCM: -13.18

Token Communities Equity-to-Asset Historical Data

The historical data trend for Token Communities'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.

Token Communities Equity-to-Asset Chart

Token Communities Annual Data
Trend Jun16 Jun17 Jun18 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial -7.58 -893.00 -1,029.00 -25.67 -16.23

Token Communities Quarterly Data
Mar18 Jun18 Sep18 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 -43.18 -28.10 -16.23 -12.82 -13.18

Competitive Comparison of Token Communities's Equity-to-Asset

For the Capital Markets subindustry, Token Communities'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.


Token Communities's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Token Communities's Equity-to-Asset distribution charts can be found below:

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



Token Communities 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.

Token Communities'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
=-1.607/0.099
=-16.23

Token Communities'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
=-1.503/0.114
=

* 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.


Token Communities  (OTCPK:TKCM) 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%.


Token Communities Equity-to-Asset Related Terms

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


Token Communities (Token Communities) Business Description

Traded in Other Exchanges
N/A
Address
850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208
Token Communities Ltd is the United States based development stage company. Token Communities researches and creates a white paper analysis for companies regarding blockchain technology.

Token Communities (Token Communities) Headlines