Maverick Lifestyle (Maverick Lifestyle) Equity-to-Asset : -0.47 (As of Jun. 2023)

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What is Maverick Lifestyle Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maverick Lifestyle's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-3.89 Mil. Maverick Lifestyle's Total Assets for the quarter that ended in Jun. 2023 was $8.33 Mil. Therefore, Maverick Lifestyle's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -0.47.

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

MVRK's Equity-to-Asset is not ranked ^*
in the Tobacco Products industry.
Industry Median: 0.475
* Ranked among companies with meaningful Equity-to-Asset only.

Maverick Lifestyle Equity-to-Asset Historical Data

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Equity-to-Asset Chart

Maverick Lifestyle Annual Data

Trend

Dec20

Dec21

Dec22

Equity-to-Asset

0.11

-0.11

-0.33

Maverick Lifestyle Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			-	-	-0.33	-0.39	-0.47

Competitive Comparison of Maverick Lifestyle's Equity-to-Asset

For the Tobacco subindustry, Maverick Lifestyle'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.

Maverick Lifestyle's Equity-to-Asset Distribution in the Tobacco Products Industry

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

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

Maverick Lifestyle 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.

Maverick Lifestyle's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-2.884	/	8.847
	=	-0.33

Maverick Lifestyle'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
	=	-3.889	/	8.328
	=	-0.47

Maverick Lifestyle (NAS:MVRK) 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%.

Maverick Lifestyle Equity-to-Asset Related Terms

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

Maverick Lifestyle (Maverick Lifestyle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Maverick Lifestyle Inc (NAS:MVRK) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883

Website

Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.

Maverick Lifestyle (Maverick Lifestyle) Headlines

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