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Branded Legacy (Branded Legacy) Equity-to-Asset : -15.59 (As of Dec. 2021)


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What is Branded Legacy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Branded Legacy's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-1.87 Mil. Branded Legacy's Total Assets for the quarter that ended in Dec. 2021 was $0.12 Mil. Therefore, Branded Legacy's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was -15.59.

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

BLEG's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.58
* Ranked among companies with meaningful Equity-to-Asset only.

Branded Legacy Equity-to-Asset Historical Data

The historical data trend for Branded Legacy'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.

Branded Legacy Equity-to-Asset Chart

Branded Legacy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial -7.94 0.20 -7.23 -10.33 -15.59

Branded Legacy Quarterly Data
Dec15 Dec16 Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -10.33 -9.59 -10.46 -11.15 -15.59

Competitive Comparison of Branded Legacy's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Branded Legacy'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.


Branded Legacy's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Branded Legacy's Equity-to-Asset falls into.



Branded Legacy 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.

Branded Legacy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-1.871/0.12
=-15.59

Branded Legacy's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-1.871/0.12
=-15.59

* 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.


Branded Legacy  (OTCPK:BLEG) 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%.


Branded Legacy Equity-to-Asset Related Terms

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Branded Legacy (Branded Legacy) Business Description

Traded in Other Exchanges
N/A
Address
227 West 4th Street, Unit 108, Charlotte, NC, USA, 28202
Branded Legacy Inc is a company engaged in the development and marketing of products for the fitness and wellness markets. The company is focused on creating products for health-conscious consumers. Through its subsidiary, the company focuses on the development and marketing of hemp-based food, beverage, and healthcare products including hemp coffee, hemp water, and hemp-based skincare products. It sells product to consumers, wholesalers as well as distributors.