AMMJ (American Cannabis Co) Equity-to-Asset: -0.30 (As of Jun. 2024)

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AMMJ American Cannabis Co Inc AMMJ
12 GF Score
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What is American Cannabis Co Equity-to-Asset?

American Cannabis Co AMMJ 12 Equity-to-Asset is -0.30 as of Jun. 2024. GuruFocus rates AMMJ with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Cannabis Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-0.64 Mil. American Cannabis Co's Total Assets for the quarter that ended in Jun. 2024 was $2.12 Mil. Therefore, American Cannabis Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -0.30.

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

AMMJ's Equity-to-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

American Cannabis Co  (OTCPK:AMMJ) 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%.


American Cannabis Co Equity-to-Asset Related Terms


American Cannabis Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for American Cannabis Co'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.

American Cannabis Co Equity-to-Asset Chart

American Cannabis Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.86 0.50 0.41 0.00

American Cannabis Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.34 0.33 0.00 -0.05 -0.30

AMMJ vs CBDW, PM, MO: Equity-to-Asset Comparison

For the Tobacco subindustry, American Cannabis Co'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.


American Cannabis Co Equity-to-Asset vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, American Cannabis Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where American Cannabis Co's Equity-to-Asset falls into.


AMMJ
12GF Score
American Cannabis Co Inc AMMJ
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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American Cannabis Co 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.

American Cannabis Co'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
=0.002/2.829
=0.00

American Cannabis Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-0.636/2.121
=-0.30

* 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 -0.30 mean?
American Cannabis Co (AMMJ) has a Equity-to-Asset of -0.30 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on American Cannabis Co and its competitors.
Is American Cannabis Co's Equity-to-Asset too high?
American Cannabis Co's current Equity-to-Asset is -0.30. Overall, American Cannabis Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does American Cannabis Co's Equity-to-Asset compare to CBDW and PM?
American Cannabis Co's Equity-to-Asset of -0.30 can be compared against companies in the Tobacco Products industry. The industry median Equity-to-Asset is 0.46. 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 Tobacco Products company?
The median Equity-to-Asset among Tobacco Products companies is 0.46, based on 49 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. 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 American Cannabis Co and its competitors. For the Tobacco Products industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Cannabis Co's current Equity-to-Asset is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Cannabis Co stock overvalued right now?
American Cannabis Co (AMMJ) has a current Equity-to-Asset of -0.30. The current Equity-to-Asset is -0.30. American Cannabis Co's overall GF Score™ is 12/100. 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 American Cannabis Co (AMMJ), the current Equity-to-Asset is -0.30 as of Jun. 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.

American Cannabis Co Business Description

Address 1004 Tejon Street, Colorado Springs, CO, USA, 80903
American Cannabis Co Inc is engaged in the cannabis industry that features end-to-end solutions for businesses operating in the regulated cannabis industry in states and countries where cannabis is regulated and/or has been decriminalized for medical use and/or legalized for recreational use. It provides advisory and consulting services specific to this industry, designs industry-specific products and facilities, and manages a strategic group partnership that offers both exclusive and non-exclusive customer products commonly used in the industry. It is a licensed operator of two medical cannabis dispensaries and a cannabis cultivation facility in Colorado Springs, CO.
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