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GHP Noetic Science-Psychedelic Pharma (TSXV:PSYF.P) Equity-to-Asset : 0.97 (As of Jun. 2023)


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What is GHP Noetic Science-Psychedelic Pharma Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GHP Noetic Science-Psychedelic Pharma's Total Stockholders Equity for the quarter that ended in Jun. 2023 was C$1.05 Mil. GHP Noetic Science-Psychedelic Pharma's Total Assets for the quarter that ended in Jun. 2023 was C$1.08 Mil.

The historical rank and industry rank for GHP Noetic Science-Psychedelic Pharma's Equity-to-Asset or its related term are showing as below:

TSXV:PSYF.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.98   Max: 1
Current: 0.97

During the past 3 years, the highest Equity to Asset Ratio of GHP Noetic Science-Psychedelic Pharma was 1.00. The lowest was 0.90. And the median was 0.98.

TSXV:PSYF.P's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81 vs TSXV:PSYF.P: 0.97

GHP Noetic Science-Psychedelic Pharma Equity-to-Asset Historical Data

The historical data trend for GHP Noetic Science-Psychedelic Pharma'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.

GHP Noetic Science-Psychedelic Pharma Equity-to-Asset Chart

GHP Noetic Science-Psychedelic Pharma Annual Data
Trend Dec20 Dec21 Dec22
Equity-to-Asset
1.00 0.94 0.99

GHP Noetic Science-Psychedelic Pharma Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.97 0.98 0.99 0.99 0.97

Competitive Comparison of GHP Noetic Science-Psychedelic Pharma's Equity-to-Asset

For the Shell Companies subindustry, GHP Noetic Science-Psychedelic Pharma'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.


GHP Noetic Science-Psychedelic Pharma's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GHP Noetic Science-Psychedelic Pharma's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GHP Noetic Science-Psychedelic Pharma's Equity-to-Asset falls into.



GHP Noetic Science-Psychedelic Pharma 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.

GHP Noetic Science-Psychedelic Pharma's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1.094/1.109
=

GHP Noetic Science-Psychedelic Pharma's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=1.049/1.079
=

* 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.


GHP Noetic Science-Psychedelic Pharma  (TSXV:PSYF.P) 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%.


GHP Noetic Science-Psychedelic Pharma Equity-to-Asset Related Terms

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


GHP Noetic Science-Psychedelic Pharma (TSXV:PSYF.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
18 Lumley Avenue, Toronto, ON, CAN, M4G 2X5
Website
GHP Noetic Science-Psychedelic Pharma Inc is a capital pool company.

GHP Noetic Science-Psychedelic Pharma (TSXV:PSYF.P) Headlines

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