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Roma Green Finance (Roma Green Finance) Equity-to-Asset

: -0.08 (As of Mar. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Roma Green Finance's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-0.06 Mil. Roma Green Finance's Total Assets for the quarter that ended in Mar. 2023 was $0.72 Mil. Therefore, Roma Green Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was -0.08.

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

ROMA' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.18   Med: -0.08   Max: 0.07
Current: -0.08

During the past 3 years, the highest Equity to Asset Ratio of Roma Green Finance was 0.07. The lowest was -0.18. And the median was -0.08.

ROMA's Equity-to-Asset is ranked worse than
95.15% of 1092 companies
in the Business Services industry
Industry Median: 0.49 vs ROMA: -0.08

Roma Green Finance Equity-to-Asset Historical Data

The historical data trend for Roma Green Finance'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.

Roma Green Finance Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.07 -0.18 -0.08

Roma Green Finance Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23
Equity-to-Asset 0.07 - -0.18 -0.48 -0.08

Competitive Comparison

For the Consulting Services subindustry, Roma Green Finance'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.


Roma Green Finance Equity-to-Asset Distribution

For the Business Services industry and Industrials sector, Roma Green Finance's Equity-to-Asset distribution charts can be found below:

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



Roma Green Finance 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.

Roma Green Finance's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-0.058/0.717
=-0.08

Roma Green Finance's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-0.058/0.717
=-0.08

* 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.


Roma Green Finance  (NAS:ROMA) 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%.


Roma Green Finance Equity-to-Asset Related Terms

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


Roma Green Finance (Roma Green Finance) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

Roma Green Finance (Roma Green Finance) Headlines

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