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ASP Isotopes (ASP Isotopes) Equity-to-Asset : 0.23 (As of Mar. 2024)


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What is ASP Isotopes Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ASP Isotopes's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10.52 Mil. ASP Isotopes's Total Assets for the quarter that ended in Mar. 2024 was $45.39 Mil. Therefore, ASP Isotopes's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.23.

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

ASPI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.74   Max: 0.84
Current: 0.23

During the past 3 years, the highest Equity to Asset Ratio of ASP Isotopes was 0.84. The lowest was 0.23. And the median was 0.74.

ASPI's Equity-to-Asset is ranked worse than
92.95% of 1574 companies
in the Chemicals industry
Industry Median: 0.59 vs ASPI: 0.23

ASP Isotopes Equity-to-Asset Historical Data

The historical data trend for ASP Isotopes'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.

ASP Isotopes Equity-to-Asset Chart

ASP Isotopes Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.84 0.79 0.59

ASP Isotopes Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.80 0.73 0.59 0.23

Competitive Comparison of ASP Isotopes's Equity-to-Asset

For the Chemicals subindustry, ASP Isotopes'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.


ASP Isotopes's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ASP Isotopes's Equity-to-Asset distribution charts can be found below:

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



ASP Isotopes 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.

ASP Isotopes'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
=16.296/27.542
=0.59

ASP Isotopes's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=10.518/45.385
=0.23

* 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.


ASP Isotopes  (NAS:ASPI) 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%.


ASP Isotopes Equity-to-Asset Related Terms

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


ASP Isotopes (ASP Isotopes) Business Description

Traded in Other Exchanges
N/A
Address
433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries. The company utilizes technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses.
Executives
Todd Wider director 4848 LEMMON AVENUE, SUITE 517, DALLAS TX 75219
Duncan Moore director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Joshua Jay Donfeld director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 90210
Ak Jensen Investment Management Ltd 10 percent owner 1 CORNHILL, LONDON X0 EC3V 3ND
Sergey Vasnetsov director C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Paul Elliot Mann director, 10 percent owner, officer: Chief Executive Officer C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Einar Ronander 10 percent owner, other: Chief Scientific Adviser C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Robert Ainscow officer: Chief Financial Officer C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Hendrik Strydom director, 10 percent owner C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432

ASP Isotopes (ASP Isotopes) Headlines