GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CRAFT 1861 Global Holdings Inc (NEOE:HUMN) » Definitions » Equity-to-Asset

CRAFT 1861 Global Holdings (NEOE:HUMN) Equity-to-Asset : -10.17 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is CRAFT 1861 Global Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CRAFT 1861 Global Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$-301.48 Mil. CRAFT 1861 Global Holdings's Total Assets for the quarter that ended in Sep. 2023 was C$29.66 Mil.

The historical rank and industry rank for CRAFT 1861 Global Holdings's Equity-to-Asset or its related term are showing as below:

NEOE:HUMN' s Equity-to-Asset Range Over the Past 10 Years
Min: -31.89   Med: -4.46   Max: -0.03
Current: -10.17

During the past 4 years, the highest Equity to Asset Ratio of CRAFT 1861 Global Holdings was -0.03. The lowest was -31.89. And the median was -4.46.

NEOE:HUMN's Equity-to-Asset is ranked worse than
98.53% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs NEOE:HUMN: -10.17

CRAFT 1861 Global Holdings Equity-to-Asset Historical Data

The historical data trend for CRAFT 1861 Global Holdings'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.

CRAFT 1861 Global Holdings Equity-to-Asset Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
-31.89 -30.93 -0.03 -8.41

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.26 -8.41 -0.42 -0.51 -10.17

Competitive Comparison of CRAFT 1861 Global Holdings's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, CRAFT 1861 Global Holdings'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.


CRAFT 1861 Global Holdings's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CRAFT 1861 Global Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CRAFT 1861 Global Holdings's Equity-to-Asset falls into.



CRAFT 1861 Global Holdings 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.

CRAFT 1861 Global Holdings'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
=-9.495/1.129
=

CRAFT 1861 Global Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-301.483/29.659
=

* 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.


CRAFT 1861 Global Holdings  (NEOE:HUMN) 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%.


CRAFT 1861 Global Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of CRAFT 1861 Global Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


CRAFT 1861 Global Holdings (NEOE:HUMN) Business Description

Comparable Companies
Traded in Other Exchanges
Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

CRAFT 1861 Global Holdings (NEOE:HUMN) Headlines

No Headlines