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Eden Empire (Eden Empire) Equity-to-Asset : -0.24 (As of Apr. 2022)


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What is Eden Empire Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eden Empire's Total Stockholders Equity for the quarter that ended in Apr. 2022 was $-1.10 Mil. Eden Empire's Total Assets for the quarter that ended in Apr. 2022 was $4.62 Mil. Therefore, Eden Empire's Equity to Asset Ratio for the quarter that ended in Apr. 2022 was -0.24.

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

EDNEF'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.

Eden Empire Equity-to-Asset Historical Data

The historical data trend for Eden Empire'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.

Eden Empire Equity-to-Asset Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Equity-to-Asset
-0.01 0.55 0.03

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.03 -0.18 -0.13 -0.24

Competitive Comparison of Eden Empire's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Eden Empire'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.


Eden Empire's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Eden Empire 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.

Eden Empire's Equity to Asset Ratio for the fiscal year that ended in Jul. 2021 is calculated as

Equity to Asset (A: Jul. 2021 )=Total Stockholders Equity/Total Assets
=0.107/3.526
=0.03

Eden Empire's Equity to Asset Ratio for the quarter that ended in Apr. 2022 is calculated as

Equity to Asset (Q: Apr. 2022 )=Total Stockholders Equity/Total Assets
=-1.095/4.618
=-0.24

* 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.


Eden Empire  (OTCPK:EDNEF) 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%.


Eden Empire Equity-to-Asset Related Terms

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


Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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