SNNC (Sibannac) Equity-to-Asset: -1.51 (As of Feb. 2017)

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What is Sibannac Equity-to-Asset?

Sibannac SNNC -5.60% Equity-to-Asset is -1.51 as of Feb. 2017.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sibannac's Total Stockholders Equity for the quarter that ended in Feb. 2017 was $-0.40 Mil. Sibannac's Total Assets for the quarter that ended in Feb. 2017 was $0.26 Mil.

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

SNNC's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.6
* Ranked among companies with meaningful Equity-to-Asset only.

Sibannac  (OTCPK:SNNC) 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%.


Sibannac Equity-to-Asset Related Terms


Sibannac Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Sibannac'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.

Sibannac Equity-to-Asset Chart

Sibannac Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Equity-to-Asset
Get a 7-Day Free Trial -1.57 -2.23 -1.19 0.10 -0.91

Sibannac Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 -0.28 -0.23 -0.91 -1.44 -1.51

SNNC vs LIVC, OTTV, FPTA: Equity-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Sibannac'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.


Sibannac Equity-to-Asset vs Drug Manufacturers Industry

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

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



Sibannac 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.

Sibannac's Equity to Asset Ratio for the fiscal year that ended in Aug. 2016 is calculated as

Equity to Asset (A: Aug. 2016 )=Total Stockholders Equity/Total Assets
=-0.293/0.323
=

Sibannac's Equity to Asset Ratio for the quarter that ended in Feb. 2017 is calculated as

Equity to Asset (Q: Feb. 2017 )=Total Stockholders Equity/Total Assets
=-0.396/0.262
=

* 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 -1.51 mean?
Sibannac (SNNC) has a Equity-to-Asset of -1.51 as of Feb. 2017. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sibannac and its competitors.
Is Sibannac's Equity-to-Asset too high?
Sibannac's current Equity-to-Asset is -1.51.
How does Sibannac's Equity-to-Asset compare to LIVC and OTTV?
Sibannac's Equity-to-Asset of -1.51 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.60. 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 0.60, based on 1,009 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 Sibannac and its competitors. For the Drug Manufacturers industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sibannac's current Equity-to-Asset is -1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sibannac stock overvalued right now?
Sibannac (SNNC) has a current Equity-to-Asset of -1.51. The current Equity-to-Asset is -1.51. 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 Sibannac (SNNC), the current Equity-to-Asset is -1.51 as of Feb. 2017. 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.

Sibannac Business Description

Address 8657 N Caballo Circle, Paradise Valley, AZ, USA, 85253
Sibannac Inc is a cannabis research and development company with a portfolio of hemp beauty and body products, hemp animal care products, hemp clothing and accessories, and hemp paper and plastic products. Its products include oils, creams, lotions, treats, foods, shirts, pants, and dresses, and it also develops new hemp products. The group manufactures its products in Geneva, New York, and Charlotte, North Carolina. Its subsidiary business units include NOHO, Cherryology, and RaD8 Life, and associated brands include NOHO, Higher Times, Starwalker Cafe, The Meru Sky, consumer brands such as Converse, Titleist, FootJoy, Coca-Cola, Pepperidge Farm, and practitioner and nutraceutical brands including ChiroTouch, Emerson Ecologics, Reserveage, Gaia Herbs, Organic India, and NeoCell.