PGFF (Pioneer Green Farms) Equity-to-Asset : -0.81 (As of Sep. 2024)

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What is Pioneer Green Farms Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pioneer Green Farms's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-0.50 Mil. Pioneer Green Farms's Total Assets for the quarter that ended in Sep. 2024 was $0.62 Mil.

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

PGFF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.06 Med: -0.97 Max: -0.54
Current: -0.81

During the past 2 years, the highest Equity to Asset Ratio of Pioneer Green Farms was -0.54. The lowest was -1.06. And the median was -0.97.

PGFF's Equity-to-Asset is ranked worse than
97.25% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs PGFF: -0.81

Pioneer Green Farms Equity-to-Asset Historical Data

The historical data trend for Pioneer Green Farms'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.

Pioneer Green Farms Equity-to-Asset Chart

Pioneer Green Farms Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

-0.54

-1.03

Pioneer Green Farms Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial					-1.06	-1.03	-1.03	-0.97	-0.81

Competitive Comparison of Pioneer Green Farms's Equity-to-Asset

For the Farm Products subindustry, Pioneer Green Farms'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.

Pioneer Green Farms's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pioneer Green Farms's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pioneer Green Farms's Equity-to-Asset falls into.

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Pioneer Green Farms 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.

Pioneer Green Farms'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
	=	-0.612	/	0.593
	=	-1.03

Pioneer Green Farms's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-0.498	/	0.619
	=

Pioneer Green Farms (OTCPK:PGFF) 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%.

Pioneer Green Farms Equity-to-Asset Related Terms

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

Pioneer Green Farms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pioneer Green Farms Inc (OTCPK:PGFF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 10th Avenue East, Suite G, Palmetto, FL, USA, 34221

Website

https://pioneergreenfarm.com

Pioneer Green Farms Inc is engaged in growing hemp flowers from seeds to oil. The seed is planted and harvested then extracted to oil. The Company engages an extraction facility to extract the oil from the plants. Its Vision is to grow the highest quality hemp flower and provide organic products on its owned and family-operated farms. The hemp is hand-seeded, cultivated, and harvested at optimum bloom. In addition to hemp cultivation, at the Drymon Farm, it is also producing peaches, lychee, dragon fruit, passion fruit, and longan fruit stock trees for resale.

Pioneer Green Farms Headlines

From GuruFocus

Pioneer Green Farms Plants First Indoor Hemp Crop With Six Proprietary Hemp Strains in the State of Florida

By ACCESSWIRE • 12-03-2024