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HYTN Innovations (FRA:85W0) Equity-to-Asset : 0.18 (As of Mar. 2024)


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What is HYTN Innovations Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HYTN Innovations's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €0.34 Mil. HYTN Innovations's Total Assets for the quarter that ended in Mar. 2024 was €1.90 Mil. Therefore, HYTN Innovations's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.18.

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

FRA:85W0' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.17   Med: 0.31   Max: 0.96
Current: 0.18

During the past 5 years, the highest Equity to Asset Ratio of HYTN Innovations was 0.96. The lowest was -0.17. And the median was 0.31.

FRA:85W0's Equity-to-Asset is ranked worse than
89.35% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.52 vs FRA:85W0: 0.18

HYTN Innovations Equity-to-Asset Historical Data

The historical data trend for HYTN Innovations'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.

HYTN Innovations Equity-to-Asset Chart

HYTN Innovations Annual Data
Trend Sep19 Sep20 Jan21 Jan22 Sep23
Equity-to-Asset
0.96 0.94 -18.43 -22.42 0.12

HYTN Innovations Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.31 0.15 0.12 0.06 0.18

Competitive Comparison of HYTN Innovations's Equity-to-Asset

For the Beverages - Brewers subindustry, HYTN Innovations'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.


HYTN Innovations's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, HYTN Innovations's Equity-to-Asset distribution charts can be found below:

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



HYTN Innovations 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.

HYTN Innovations's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.218/1.789
=0.12

HYTN Innovations's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=0.341/1.896
=0.18

* 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.


HYTN Innovations  (FRA:85W0) 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%.


HYTN Innovations Equity-to-Asset Related Terms

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HYTN Innovations (FRA:85W0) Business Description

Traded in Other Exchanges
Address
12 East 4th Avenue, Vancouver, BC, CAN, V5T 1E8
HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The Company generates revenue primarily from the sale of cannabis related products such as Cannabis - beverage sales, Cannabis - flower sales, Cannabis - edible sales. Majority revenue is generated from Cannabis - beverage sales.

HYTN Innovations (FRA:85W0) Headlines

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