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STHZF (StateHouse Holdings) Equity-to-Asset : -1.48 (As of Jun. 2024)


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What is StateHouse Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. StateHouse Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-179.79 Mil. StateHouse Holdings's Total Assets for the quarter that ended in Jun. 2024 was $121.47 Mil. Therefore, StateHouse Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was -1.48.

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

STHZF' s Equity-to-Asset Range Over the Past 10 Years
Min: -16.4   Med: 0.16   Max: 0.74
Current: -1.48

During the past 13 years, the highest Equity to Asset Ratio of StateHouse Holdings was 0.74. The lowest was -16.40. And the median was 0.16.

STHZF's Equity-to-Asset is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.6 vs STHZF: -1.48

StateHouse Holdings Equity-to-Asset Historical Data

The historical data trend for StateHouse 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.

StateHouse Holdings Equity-to-Asset Chart

StateHouse Holdings Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.14 0.29 -0.75 -1.32

StateHouse Holdings Quarterly Data
Apr19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 - - -1.32 -1.50 -1.48

Competitive Comparison of StateHouse Holdings's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, StateHouse 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.


StateHouse Holdings's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



StateHouse 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.

StateHouse Holdings'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
=-162.872/123.084
=-1.32

StateHouse Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-179.787/121.474
=-1.48

* 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.


StateHouse Holdings  (OTCPK:STHZF) 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%.


StateHouse Holdings Equity-to-Asset Related Terms

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


StateHouse Holdings Business Description

Traded in Other Exchanges
Address
1028 Buenos Avenue, San Diego, CA, USA, 92110
StateHouse Holdings Inc is a vertically integrated Cannabis company. It is a United States-based cannabis retailer. The company is engaged in the manufacture, possession, use, sale, or distribution of cannabis in the recreational and/or medicinal cannabis marketplace in the State of California and the State of Oregon. It offers packaged flowers, pre-roll, concentrates, edibles, and vape SKUs.