NUMIF (Numinus Wellness) Equity-to-Asset: -0.36 (As of May. 2025)

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What is Numinus Wellness Equity-to-Asset?

Numinus Wellness NUMIF -10.00% Equity-to-Asset is -0.36 as of May. 2025.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Numinus Wellness's Total Stockholders Equity for the quarter that ended in May. 2025 was $-1.12 Mil. Numinus Wellness's Total Assets for the quarter that ended in May. 2025 was $3.09 Mil. Therefore, Numinus Wellness's Equity to Asset Ratio for the quarter that ended in May. 2025 was -0.36.

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

NUMIF's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.48
* Ranked among companies with meaningful Equity-to-Asset only.

Numinus Wellness  (OTCPK:NUMIF) 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%.

Numinus Wellness Equity-to-Asset Related Terms

Numinus Wellness Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Numinus Wellness'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.

Numinus Wellness Equity-to-Asset Chart

Numinus Wellness Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Equity-to-Asset
Get a 7-Day Free Trial 0.55 0.95 0.78 0.58 0.07

Numinus Wellness Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 Premium Member Only 0.33 0.07 -0.05 -0.18 -0.36

NUMIF vs HLYK, SYRA, GBCS: Equity-to-Asset Comparison

For the Medical Care Facilities subindustry, Numinus Wellness'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.

Numinus Wellness Equity-to-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Numinus Wellness's Equity-to-Asset distribution charts can be found below:

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


Numinus Wellness 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.

Numinus Wellness's Equity to Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Equity to Asset (A: Aug. 2024 )=Total Stockholders Equity/Total Assets
=0.531/7.889
=0.07

Numinus Wellness's Equity to Asset Ratio for the quarter that ended in May. 2025 is calculated as

Equity to Asset (Q: May. 2025 )=Total Stockholders Equity/Total Assets
=-1.121/3.092
=-0.36

* 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 -0.36 mean?
Numinus Wellness (NUMIF) has a Equity-to-Asset of -0.36 as of May. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Numinus Wellness and its competitors.
Is Numinus Wellness' Equity-to-Asset too high?
Numinus Wellness' current Equity-to-Asset is -0.36.
How does Numinus Wellness' Equity-to-Asset compare to HLYK and SYRA?
Numinus Wellness' Equity-to-Asset of -0.36 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 684 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 Numinus Wellness and its competitors. For the Healthcare Providers & Services 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. Numinus Wellness's current Equity-to-Asset is -0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numinus Wellness stock overvalued right now?
Numinus Wellness (NUMIF) has a current Equity-to-Asset of -0.36. The current Equity-to-Asset is -0.36. 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 Numinus Wellness (NUMIF), the current Equity-to-Asset is -0.36 as of May. 2025. 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.

Numinus Wellness Business Description

Address 801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4
Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.