American Green (American Green) Liabilities-to-Assets : 2.50 (As of Jun. 2023)

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What is American Green Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. American Green's Total Liabilities for the quarter that ended in Jun. 2023 was $24.33 Mil. American Green's Total Assets for the quarter that ended in Jun. 2023 was $9.73 Mil. Therefore, American Green's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 2.50.

American Green Liabilities-to-Assets Historical Data

The historical data trend for American Green's Liabilities-to-Assets 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.

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American Green Liabilities-to-Assets Chart

American Green Annual Data

Trend

Jun22

Jun23

Liabilities-to-Assets

2.50

American Green Semi-Annual Data
	Jun22	Jun23
Liabilities-to-Assets	-	2.50

Competitive Comparison of American Green's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, American Green's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

American Green's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, American Green's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where American Green's Liabilities-to-Assets falls into.

American Green Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

American Green's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )	=	Total Liabilities	/	Total Assets
	=	24.326	/	9.731
	=	2.50

American Green's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )	=	Total Liabilities	/	Total Assets
	=	24.326	/	9.731
	=	2.50

American Green (OTCPK:ERBB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

American Green Liabilities-to-Assets Related Terms

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American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.