Oxford Cannabinoid Technologies Holdings (Oxford Cannabinoid Technologies Holdings) Equity-to-Asset : 0.70 (As of Oct. 2023)

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What is Oxford Cannabinoid Technologies Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Oxford Cannabinoid Technologies Holdings's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $2.38 Mil. Oxford Cannabinoid Technologies Holdings's Total Assets for the quarter that ended in Oct. 2023 was $3.40 Mil.

The historical rank and industry rank for Oxford Cannabinoid Technologies Holdings's Equity-to-Asset or its related term are showing as below:

OCTHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.83 Max: 0.96
Current: 0.7

During the past 5 years, the highest Equity to Asset Ratio of Oxford Cannabinoid Technologies Holdings was 0.96. The lowest was 0.44. And the median was 0.83.

OCTHF's Equity-to-Asset is ranked better than
53.83% of 1555 companies
in the Biotechnology industry
Industry Median: 0.67 vs OCTHF: 0.70

Oxford Cannabinoid Technologies Holdings Equity-to-Asset Historical Data

The historical data trend for Oxford Cannabinoid Technologies Holdings'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.

Oxford Cannabinoid Technologies Holdings Equity-to-Asset Chart

Oxford Cannabinoid Technologies Holdings Annual Data

Trend

May18

May19

May20

May21

Apr23

Equity-to-Asset

-1.53

0.77

0.44

0.93

0.87

Oxford Cannabinoid Technologies Holdings Semi-Annual Data
	May19	Nov19	May20	Nov20	May21	Nov21	Oct22	Apr23	Oct23
Equity-to-Asset	Get a 7-Day Free Trial				0.93	0.96	0.83	0.87	0.70

Competitive Comparison of Oxford Cannabinoid Technologies Holdings's Equity-to-Asset

For the Biotechnology subindustry, Oxford Cannabinoid Technologies Holdings'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.

Oxford Cannabinoid Technologies Holdings's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Oxford Cannabinoid Technologies Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Oxford Cannabinoid Technologies Holdings's Equity-to-Asset falls into.

Oxford Cannabinoid Technologies Holdings 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.

Oxford Cannabinoid Technologies Holdings's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.872	/	5.599
	=

Oxford Cannabinoid Technologies Holdings's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2.375	/	3.398
	=

Oxford Cannabinoid Technologies Holdings (OTCPK:OCTHF) 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%.

Oxford Cannabinoid Technologies Holdings Equity-to-Asset Related Terms

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Oxford Cannabinoid Technologies Holdings (Oxford Cannabinoid Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Oxford Cannabinoid Technologies Holdings PLC (OTCPK:OCTHF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

OCTP:UK

Address

267 Banbury Road, Prama House, Oxford, GBR, OX2 7HT

Website

https://www.oxcantech.com

Oxford Cannabinoid Technologies Holdings PLC is a pharmaceutical company engaged in cannabinoid drug development. The company uses a drug development that includes proprietary cannabinoid derivatives, natural phytocannabinoids (pCBs), and in-licensed compounds. Its primary market focus is the pain market, and OCT initially aims to develop a portfolio of four drug candidates for approval as licensed pain medicines.

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