PSYC (PSYC) Equity-to-Asset : -9.42 (As of Sep. 2023)

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What is PSYC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PSYC's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-10.31 Mil. PSYC's Total Assets for the quarter that ended in Sep. 2023 was $1.09 Mil. Therefore, PSYC's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -9.42.

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

PSYC' s Equity-to-Asset Range Over the Past 10 Years
Min: -9.42 Med: -0.96 Max: 0.69
Current: -9.42

During the past 5 years, the highest Equity to Asset Ratio of PSYC was 0.69. The lowest was -9.42. And the median was -0.96.

PSYC's Equity-to-Asset is ranked worse than
98.3% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.51 vs PSYC: -9.42

PSYC Equity-to-Asset Historical Data

The historical data trend for PSYC'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.

PSYC Equity-to-Asset Chart

PSYC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec16

Equity-to-Asset

-2.54

-5.10

-6.73

0.69

0.48

PSYC Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Dec16	Jun17	Sep22	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.54	0.48	0.41	-	-9.42

Competitive Comparison of PSYC's Equity-to-Asset

For the Advertising Agencies subindustry, PSYC'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.

PSYC's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSYC's Equity-to-Asset distribution charts can be found below:

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

PSYC 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.

PSYC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )	=	Total Stockholders Equity	/	Total Assets
	=	3.462	/	7.208
	=

PSYC's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-10.309	/	1.094
	=	-9.42

PSYC (OTCPK:PSYC) 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%.

PSYC Equity-to-Asset Related Terms

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

PSYC (PSYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » PSYC Corp (OTCPK:PSYC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2881 South Valley View Boulevard, Suite 9, Las Vegas, NV, USA, 89102

Website

https://www.psyccorporation.com

PSYC Corp is a media-focused company serving the expanding industry and community of medicinal psychedelics. Through its media platform, Psychedelic Spotlight, the company has positioned itself right at the very core of the psychedelics renaissance. Technical420 is also one such platform that provides information and analysis on public and private companies. These platforms provide the Company with an opportunity to dominate the intersection of cannabis and psychedelics as a media leader. Along with its subsidiary, the group offers public relations and media-focused services to companies within the medicinal psychedelics industry and other niche industries that includes cannabis, health, and wellness, and sports, among others.