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NoHo (DRNK) Equity-to-Asset : 0.32 (As of Jun. 2017)


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What is NoHo Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NoHo's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $1.44 Mil. NoHo's Total Assets for the quarter that ended in Jun. 2017 was $4.43 Mil. Therefore, NoHo's Equity to Asset Ratio for the quarter that ended in Jun. 2017 was 0.32.

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

DRNK's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

NoHo Equity-to-Asset Historical Data

The historical data trend for NoHo'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.

NoHo Equity-to-Asset Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial -3.00 -3.50 -4.52 -3.57 0.35

NoHo Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 -3.57 -2.99 0.35 0.29 0.32

Competitive Comparison of NoHo's Equity-to-Asset

For the Specialty Chemicals subindustry, NoHo'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.


NoHo's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Equity-to-Asset distribution charts can be found below:

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



NoHo 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.

NoHo's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=1.488/4.258
=

NoHo's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=1.438/4.434
=0.32

* 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.


NoHo  (OTCPK:DRNK) 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%.


NoHo Equity-to-Asset Related Terms

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


NoHo Business Description

Traded in Other Exchanges
N/A
Address
4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258
NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.