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Vertical Peak Holdings (Vertical Peak Holdings) Equity-to-Asset : -0.80 (As of Apr. 2023)


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What is Vertical Peak Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vertical Peak Holdings's Total Stockholders Equity for the quarter that ended in Apr. 2023 was $-7.43 Mil. Vertical Peak Holdings's Total Assets for the quarter that ended in Apr. 2023 was $9.27 Mil. Therefore, Vertical Peak Holdings's Equity to Asset Ratio for the quarter that ended in Apr. 2023 was -0.80.

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

SPLIF's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Vertical Peak Holdings Equity-to-Asset Historical Data

The historical data trend for Vertical Peak 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.

Vertical Peak Holdings Equity-to-Asset Chart

Vertical Peak Holdings Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 -0.27 -3.28 -0.85 -0.52

Vertical Peak Holdings Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 0.14 -0.52 -0.69 -0.83 -0.80

Competitive Comparison of Vertical Peak Holdings's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Vertical Peak 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.


Vertical Peak Holdings's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Vertical Peak 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.

Vertical Peak Holdings's Equity to Asset Ratio for the fiscal year that ended in Jul. 2022 is calculated as

Equity to Asset (A: Jul. 2022 )=Total Stockholders Equity/Total Assets
=-5.094/9.76
=-0.52

Vertical Peak Holdings's Equity to Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

Equity to Asset (Q: Apr. 2023 )=Total Stockholders Equity/Total Assets
=-7.426/9.273
=-0.80

* 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.


Vertical Peak Holdings  (OTCPK:SPLIF) 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%.


Vertical Peak Holdings Equity-to-Asset Related Terms

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Vertical Peak Holdings (Vertical Peak Holdings) Business Description

Traded in Other Exchanges
N/A
Address
77 King Street West, Suite 2905, P.O. Box 121, Toronto, ON, CAN, M5K 1H1
Vertical Peak Holdings Inc is focused on developing and manufacturing branded products in the cannabis industry with a specific focus on flower, pre-rolls, vapes, edibles and oil extracts for medical and adult recreational use. Vertical Peak operates and controls licenses in California, which include manufacturing, retail and cultivation operations in California. Vertical Peak's main portfolio includes the OutCo and Thrive brands that it acquired in 2021 pursuant to the acquisition of the business of OutCo.