ABVEF (Above Food Ingredients) Equity-to-Asset: 0.83 (As of Mar. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.04
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What is Above Food Ingredients Equity-to-Asset?

Above Food Ingredients ABVEF +23.38% 16 Equity-to-Asset is 0.83 as of Mar. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Above Food Ingredients's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $21.21 Mil. Above Food Ingredients's Total Assets for the quarter that ended in Mar. 2024 was $25.61 Mil.

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

ABVEF's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.54
* Ranked among companies with meaningful Equity-to-Asset only.

Above Food Ingredients  (OTCPK:ABVEF) 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%.


Above Food Ingredients Equity-to-Asset Related Terms


Above Food Ingredients Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Equity-to-Asset Chart

Above Food Ingredients Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.12 1.00 0.96 0.87

Above Food Ingredients Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.89 0.88 0.87 0.83

ABVEF vs CTGL, NATR, BHST: Equity-to-Asset Comparison

For the Packaged Foods subindustry, Above Food Ingredients'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.


Above Food Ingredients Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Above Food Ingredients's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Above Food Ingredients's Equity-to-Asset falls into.


ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients 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.

Above Food Ingredients's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=26.845837/30.921526
=

Above Food Ingredients's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=21.212759/25.606869
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.83 mean?
Above Food Ingredients (ABVEF) has a Equity-to-Asset of 0.83 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Above Food Ingredients and its competitors.
Is Above Food Ingredients' Equity-to-Asset too high?
Above Food Ingredients' current Equity-to-Asset is 0.83. The Consumer Packaged Goods industry median Equity-to-Asset is 0.54. Above Food Ingredients' value of 0.83 is 53.7% above this industry median. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Equity-to-Asset compare to CTGL and NATR?
Above Food Ingredients' Equity-to-Asset of 0.83 can be compared against companies in the Consumer Packaged Goods industry. The industry median Equity-to-Asset is 0.54. Above Food Ingredients' value of 0.83 is 53.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.54, based on 2,015 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Above Food Ingredients's current Equity-to-Asset of 0.83 is 53.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Above Food Ingredients and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Above Food Ingredients's current Equity-to-Asset is 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Equity-to-Asset of 0.83. The current Equity-to-Asset is 0.83 and 53.7% above the Consumer Packaged Goods industry median of 0.54. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Equity-to-Asset is 0.83 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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