Modern Plant Based Foods (XCNQ:MEAT) Equity-to-Asset : -1.43 (As of Nov. 2023)

Modern Plant Based Foods Equity-to-Asset Chart

Modern Plant Based Foods Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Aug20	Aug21	Aug22	Aug23
Equity-to-Asset		Get a 7-Day Free Trial					0.67	0.74	0.53	0.09	-1.35

Modern Plant Based Foods Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Equity-to-Asset	Get a 7-Day Free Trial															-0.34	-0.38	-0.62	-1.35	-1.43

Competitive Comparison of Modern Plant Based Foods's Equity-to-Asset

For the Packaged Foods subindustry, Modern Plant Based Foods'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.

Modern Plant Based Foods's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's Equity-to-Asset falls into.

Modern Plant Based Foods 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.

Modern Plant Based Foods's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Modern Plant Based Foods's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

* 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.

Modern Plant Based Foods  (XCNQ:MEAT) 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%.

Modern Plant Based Foods Equity-to-Asset Related Terms

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Modern Plant Based Foods (XCNQ:MEAT) Business Description