GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » INDVR Brands Inc (OTCPK:CAAOF) » Definitions » Equity-to-Asset

INDVR Brands (INDVR Brands) Equity-to-Asset : 0.53 (As of Oct. 2021)


View and export this data going back to 2008. Start your Free Trial

What is INDVR Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. INDVR Brands's Total Stockholders Equity for the quarter that ended in Oct. 2021 was $7.98 Mil. INDVR Brands's Total Assets for the quarter that ended in Oct. 2021 was $15.12 Mil. Therefore, INDVR Brands's Equity to Asset Ratio for the quarter that ended in Oct. 2021 was 0.53.

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

CAAOF'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.

INDVR Brands Equity-to-Asset Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands Equity-to-Asset Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -150.00 -211.00 0.76 0.43 0.20

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 0.32 0.20 0.19 0.55 0.53

Competitive Comparison of INDVR Brands's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



INDVR Brands 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.

INDVR Brands's Equity to Asset Ratio for the fiscal year that ended in Jan. 2021 is calculated as

Equity to Asset (A: Jan. 2021 )=Total Stockholders Equity/Total Assets
=1.454/7.445
=0.20

INDVR Brands's Equity to Asset Ratio for the quarter that ended in Oct. 2021 is calculated as

Equity to Asset (Q: Oct. 2021 )=Total Stockholders Equity/Total Assets
=7.98/15.118
=0.53

* 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.


INDVR Brands  (OTCPK:CAAOF) 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%.


INDVR Brands Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of INDVR Brands's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


INDVR Brands (INDVR Brands) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

INDVR Brands (INDVR Brands) Headlines

No Headlines