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Fiore Cannabis (FRA:2M0A) Equity-to-Asset : -0.06 (As of Jun. 2022)


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What is Fiore Cannabis Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fiore Cannabis's Total Stockholders Equity for the quarter that ended in Jun. 2022 was €-0.75 Mil. Fiore Cannabis's Total Assets for the quarter that ended in Jun. 2022 was €13.01 Mil. Therefore, Fiore Cannabis's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was -0.06.

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

FRA:2M0A's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.58
* Ranked among companies with meaningful Equity-to-Asset only.

Fiore Cannabis Equity-to-Asset Historical Data

The historical data trend for Fiore Cannabis'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.

Fiore Cannabis Equity-to-Asset Chart

Fiore Cannabis Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.84 0.87 0.75 0.49 -0.02

Fiore Cannabis Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.23 0.30 -0.02 -0.09 -0.06

Competitive Comparison of Fiore Cannabis's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Fiore Cannabis'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.


Fiore Cannabis's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Fiore Cannabis's Equity-to-Asset distribution charts can be found below:

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



Fiore Cannabis 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.

Fiore Cannabis's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-0.236/12.056
=-0.02

Fiore Cannabis's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=-0.745/13.008
=-0.06

* 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.


Fiore Cannabis  (FRA:2M0A) 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%.


Fiore Cannabis Equity-to-Asset Related Terms

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Fiore Cannabis (FRA:2M0A) Business Description

Traded in Other Exchanges
N/A
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Fiore Cannabis Ltd is engaged in the production and cultivation of medicinal and recreational cannabis. Also, the company is engaged in the business of hemp-seed oil and skin products. Its brands are Fiore, Purecloud9, Diamantelabs, Surfer, and The Weekender. The company's geographical segments are Canada and United States.

Fiore Cannabis (FRA:2M0A) Headlines

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