RSCI (Redwood Scientific Technologies) Equity-to-Asset: -0.66 (As of Dec. 2023)

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What is Redwood Scientific Technologies Equity-to-Asset?

Redwood Scientific Technologies RSCI Equity-to-Asset is -0.66 as of Dec. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Redwood Scientific Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.20 Mil. Redwood Scientific Technologies's Total Assets for the quarter that ended in Dec. 2023 was $0.30 Mil.

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

RSCI's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.61
* Ranked among companies with meaningful Equity-to-Asset only.

Redwood Scientific Technologies  (OTCPK:RSCI) 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%.


Redwood Scientific Technologies Equity-to-Asset Related Terms


Redwood Scientific Technologies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Redwood Scientific Technologies'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.

Redwood Scientific Technologies Equity-to-Asset Chart

Redwood Scientific Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.00 0.00 0.00 -0.66

Redwood Scientific Technologies Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Equity-to-Asset 0.00 0.00 0.00 -0.66

RSCI vs RAPH, FLGC, TXMD: Equity-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Redwood Scientific Technologies'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.


Redwood Scientific Technologies Equity-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Redwood Scientific Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Redwood Scientific Technologies's Equity-to-Asset falls into.



Redwood Scientific Technologies 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.

Redwood Scientific Technologies'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
=-0.195/0.296
=

Redwood Scientific Technologies'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
=-0.195/0.296
=

* 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 -0.66 mean?
Redwood Scientific Technologies (RSCI) has a Equity-to-Asset of -0.66 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Redwood Scientific Technologies and its competitors.
Is Redwood Scientific Technologies' Equity-to-Asset too high?
Redwood Scientific Technologies' current Equity-to-Asset is -0.66.
How does Redwood Scientific Technologies' Equity-to-Asset compare to RAPH and FLGC?
Redwood Scientific Technologies' Equity-to-Asset of -0.66 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.61. 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 Drug Manufacturers company?
The median Equity-to-Asset among Drug Manufacturers companies is 0.61, based on 1,007 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 Redwood Scientific Technologies and its competitors. For the Drug Manufacturers industry, the median Equity-to-Asset is 0.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Redwood Scientific Technologies's current Equity-to-Asset is -0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Scientific Technologies stock overvalued right now?
Redwood Scientific Technologies (RSCI) has a current Equity-to-Asset of -0.66. The current Equity-to-Asset is -0.66. 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 Redwood Scientific Technologies (RSCI), the current Equity-to-Asset is -0.66 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.

Redwood Scientific Technologies Business Description

Address 418 Broadway, STE 4872, Albany, NY, USA, 12207
Redwood Scientific Technologies Inc is a pharmaceutical delivery company that develops, operates, and markets over-the-counter products in a sublingual oral thin film strip. RSCI has begun clinical trials on two new products to market for stopping the addiction to nicotine.