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Alliance Growers (XCNQ:ACG) Equity-to-Asset : 0.88 (As of May. 2019)


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What is Alliance Growers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alliance Growers's Total Stockholders Equity for the quarter that ended in May. 2019 was C$3.05 Mil. Alliance Growers's Total Assets for the quarter that ended in May. 2019 was C$3.47 Mil.

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

XCNQ:ACG'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.

Alliance Growers Equity-to-Asset Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Equity-to-Asset Chart

Alliance Growers Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Equity-to-Asset
0.94 -0.16 -0.71 0.34 0.87

Alliance Growers Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.92 0.87 0.91 0.90 0.88

Competitive Comparison of Alliance Growers's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Alliance Growers'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.


Alliance Growers's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Alliance Growers 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.

Alliance Growers's Equity to Asset Ratio for the fiscal year that ended in Aug. 2018 is calculated as

Equity to Asset (A: Aug. 2018 )=Total Stockholders Equity/Total Assets
=2.549/2.928
=

Alliance Growers's Equity to Asset Ratio for the quarter that ended in May. 2019 is calculated as

Equity to Asset (Q: May. 2019 )=Total Stockholders Equity/Total Assets
=3.053/3.466
=

* 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.


Alliance Growers  (XCNQ:ACG) 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%.


Alliance Growers Equity-to-Asset Related Terms

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


Alliance Growers (XCNQ:ACG) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.
Executives
Ian Davidson Lambert Director

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