TRCNF (Transnational Cannabis) Equity-to-Asset: 0.57 (As of Nov. 2019)

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What is Transnational Cannabis Equity-to-Asset?

Transnational Cannabis TRCNF -97.50% Equity-to-Asset is 0.57 as of Nov. 2019.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transnational Cannabis's Total Stockholders Equity for the quarter that ended in Nov. 2019 was $34.88 Mil. Transnational Cannabis's Total Assets for the quarter that ended in Nov. 2019 was $60.77 Mil.

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

TRCNF'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.

Transnational Cannabis  (OTCPK:TRCNF) 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%.


Transnational Cannabis Equity-to-Asset Related Terms


Transnational Cannabis Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Transnational Cannabis'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.

Transnational Cannabis Equity-to-Asset Chart

Transnational Cannabis Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 -0.04 -10.79 -0.91 0.90

Transnational Cannabis Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.96 0.90 0.83 0.82 0.57

TRCNF vs CLSH, KAYS, ACUR: Equity-to-Asset Comparison

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


Transnational Cannabis Equity-to-Asset vs Drug Manufacturers Industry

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

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



Transnational Cannabis 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.

Transnational Cannabis's Equity to Asset Ratio for the fiscal year that ended in Feb. 2019 is calculated as

Equity to Asset (A: Feb. 2019 )=Total Stockholders Equity/Total Assets
=47.574/52.812
=

Transnational Cannabis's Equity to Asset Ratio for the quarter that ended in Nov. 2019 is calculated as

Equity to Asset (Q: Nov. 2019 )=Total Stockholders Equity/Total Assets
=34.877/60.773
=

* 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 0.57 mean?
Transnational Cannabis (TRCNF) has a Equity-to-Asset of 0.57 as of Nov. 2019. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Transnational Cannabis and its competitors.
Is Transnational Cannabis' Equity-to-Asset too high?
Transnational Cannabis' current Equity-to-Asset is 0.57. The Drug Manufacturers industry median Equity-to-Asset is 0.60. Transnational Cannabis' value of 0.57 is 5% below this industry median.
How does Transnational Cannabis' Equity-to-Asset compare to CLSH and KAYS?
Transnational Cannabis' Equity-to-Asset of 0.57 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.60. Transnational Cannabis' value of 0.57 is 5% below this benchmark. 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 1,008 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. Transnational Cannabis's current Equity-to-Asset of 0.57 is 5% below the industry median. 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 Transnational Cannabis 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. Transnational Cannabis's current Equity-to-Asset is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational Cannabis stock overvalued right now?
Transnational Cannabis (TRCNF) has a current Equity-to-Asset of 0.57. The current Equity-to-Asset is 0.57 and 5% below the Drug Manufacturers industry median of 0.60. 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 Transnational Cannabis (TRCNF), the current Equity-to-Asset is 0.57 as of Nov. 2019. 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.

Transnational Cannabis Business Description

Address 37 King Street East, Suite 409, Toronto, ON, CAN, M5C 1E9
Transnational Cannabis Ltd, formerly ICC International Cannabis Corp is a Canadian company which is engaged in planning, designing, building and operating cannabis production, processing, and distribution facilities. The company through its holdings is engaged in the pharmaceutical distribution, wholesale importation, research, and development, as well as working interests in industrial hemp licenses in Greece, licenses to cultivate, produce, distribute, store, and export Cannabis and Cannabis derivatives in Colombia, the Kingdom of Lesotho, Africa, and Denmark.