Global Food and Ingredients (TSXV:PEAS.H) Equity-to-Asset : 0.16 (As of Dec. 2023)

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What is Global Food and Ingredients Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Global Food and Ingredients's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$9.4 Mil. Global Food and Ingredients's Total Assets for the quarter that ended in Dec. 2023 was C$61.0 Mil. Therefore, Global Food and Ingredients's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.

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

TSXV:PEAS.H' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01 Med: 0.17 Max: 0.31
Current: 0.16

During the past 4 years, the highest Equity to Asset Ratio of Global Food and Ingredients was 0.31. The lowest was -0.01. And the median was 0.17.

TSXV:PEAS.H's Equity-to-Asset is ranked worse than
90.8% of 1924 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs TSXV:PEAS.H: 0.16

Global Food and Ingredients Equity-to-Asset Historical Data

The historical data trend for Global Food and Ingredients'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.

Global Food and Ingredients Equity-to-Asset Chart

Global Food and Ingredients Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.14

0.06

0.09

0.24

Global Food and Ingredients Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial									0.25	0.24	0.22	0.17	0.16

Competitive Comparison of Global Food and Ingredients's Equity-to-Asset

For the Farm Products subindustry, Global Food and Ingredients'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.

Global Food and Ingredients's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Global Food and Ingredients's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Global Food and Ingredients's Equity-to-Asset falls into.

Global Food and Ingredients 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.

Global Food and Ingredients's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	14.299	/	59.512
	=	0.24

Global Food and Ingredients'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
	=	9.439	/	60.953
	=	0.15

Global Food and Ingredients (TSXV:PEAS.H) 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%.

Global Food and Ingredients Equity-to-Asset Related Terms

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

Global Food and Ingredients (TSXV:PEAS.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Food and Ingredients Inc (TSXV:PEAS.H) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

PEASF:USA

Address

43 Colborne Street, Suite 400, Toronto, ON, CAN, M5E 1E3

Website

https://www.gfiglobalfood.com

Global Food and Ingredients Inc is a plant-based food and ingredients company, focused on pulses and specialty crops chain for peas, beans, lentils, chickpeas and other high protein specialty crops. The Company supplies premium plant-based high protein ingredients to customers around the world and distributes truckload and less-than truckload of bagged product directly to food processing companies, foodservice companies and institutional buyers (educational institutions, healthcare facilities, correctional facilities, etc.) in North America.

Global Food and Ingredients (TSXV:PEAS.H) Headlines

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