ERBB (American Green) Equity-to-Asset : -1.50 (As of Jun. 2023)

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What is American Green Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. American Green's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-14.60 Mil. American Green's Total Assets for the quarter that ended in Jun. 2023 was $9.73 Mil. Therefore, American Green's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -1.50.

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

ERBB' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.5 Med: -1.5 Max: -1.5
Current: -1.5

During the past 2 years, the highest Equity to Asset Ratio of American Green was -1.50. The lowest was -1.50. And the median was -1.50.

ERBB's Equity-to-Asset is ranked worse than
95.49% of 1042 companies
in the Drug Manufacturers industry
Industry Median: 0.6 vs ERBB: -1.50

American Green Equity-to-Asset Historical Data

The historical data trend for American Green'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.

American Green Equity-to-Asset Chart

American Green Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

-1.50

American Green Semi-Annual Data
	Jun22	Jun23
Equity-to-Asset	-	-1.50

Competitive Comparison of American Green's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, American Green'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 Green's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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

American Green 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 Green's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-14.595	/	9.731
	=	-1.50

American Green's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-14.595	/	9.731
	=	-1.50

American Green (OTCPK:ERBB) 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 Green Equity-to-Asset Related Terms

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

American Green Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and has online sales operation for CBD products and apparel.