HPCO (Hempacco Co) Equity-to-Asset: -0.02 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hempacco Co Equity-to-Asset?

Hempacco Co HPCO Equity-to-Asset is -0.02 as of Dec. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hempacco Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.37 Mil. Hempacco Co's Total Assets for the quarter that ended in Dec. 2023 was $18.04 Mil. Therefore, Hempacco Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.02.

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

HPCO's Equity-to-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 0.48
* Ranked among companies with meaningful Equity-to-Asset only.

Hempacco Co  (OTCPK:HPCO) 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%.


Hempacco Co Equity-to-Asset Related Terms


Hempacco Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Hempacco Co'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.

Hempacco Co Equity-to-Asset Chart

Hempacco Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.39 0.38 0.81 -0.02

Hempacco Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.89 0.85 0.62 -0.02

HPCO vs PM, MO: Equity-to-Asset Comparison

For the Tobacco subindustry, Hempacco Co'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.


Hempacco Co Equity-to-Asset vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Hempacco Co's Equity-to-Asset distribution charts can be found below:

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



Hempacco Co 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.

Hempacco Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.368/18.043
=-0.02

Hempacco Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.368/18.043
=-0.02

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.02 mean?
Hempacco Co (HPCO) has a Equity-to-Asset of -0.02 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hempacco Co and its competitors.
Is Hempacco Co's Equity-to-Asset too high?
Hempacco Co's current Equity-to-Asset is -0.02.
How does Hempacco Co's Equity-to-Asset compare to PM and MO?
Hempacco Co's Equity-to-Asset of -0.02 can be compared against companies in the Tobacco Products industry. The industry median Equity-to-Asset is 0.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Tobacco Products company?
The median Equity-to-Asset among Tobacco Products companies is 0.48, based on 46 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hempacco Co and its competitors. For the Tobacco Products industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hempacco Co's current Equity-to-Asset is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hempacco Co stock overvalued right now?
Hempacco Co (HPCO) has a current Equity-to-Asset of -0.02. The current Equity-to-Asset is -0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Hempacco Co (HPCO), the current Equity-to-Asset is -0.02 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hempacco Co Business Description

Address 9925 Airway Road, San Diego, CA, USA, 92154
Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.