GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » For The Earth Corp (OTCPK:FTEG) » Definitions » Equity-to-Asset

FTEG (For The Earth) Equity-to-Asset : -3.08 (As of Sep. 2004)


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

What is For The Earth Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. For The Earth's Total Stockholders Equity for the quarter that ended in Sep. 2004 was $-0.56 Mil. For The Earth's Total Assets for the quarter that ended in Sep. 2004 was $0.18 Mil.

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

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

For The Earth Equity-to-Asset Historical Data

The historical data trend for For The Earth'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.

For The Earth Equity-to-Asset Chart

For The Earth Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Equity-to-Asset
0.46 0.37 0.46 0.69 -0.43

For The Earth Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 0.01 -0.43 -1.28 -1.60 -3.08

Competitive Comparison of For The Earth's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.


For The Earth's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



For The Earth 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.

For The Earth's Equity to Asset Ratio for the fiscal year that ended in Dec. 2003 is calculated as

Equity to Asset (A: Dec. 2003 )=Total Stockholders Equity/Total Assets
=-0.151/0.353
=

For The Earth's Equity to Asset Ratio for the quarter that ended in Sep. 2004 is calculated as

Equity to Asset (Q: Sep. 2004 )=Total Stockholders Equity/Total Assets
=-0.561/0.182
=

* 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.


For The Earth  (OTCPK:FTEG) 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%.


For The Earth Equity-to-Asset Related Terms

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


For The Earth Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.