Grey Wolf Animal Health (TSXV:WOLF) Equity-to-Asset : 0.66 (As of Mar. 2024)

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What is Grey Wolf Animal Health Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grey Wolf Animal Health's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$25.19 Mil. Grey Wolf Animal Health's Total Assets for the quarter that ended in Mar. 2024 was C$38.14 Mil. Therefore, Grey Wolf Animal Health's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.66.

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

TSXV:WOLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.63 Max: 0.66
Current: 0.66

During the past 3 years, the highest Equity to Asset Ratio of Grey Wolf Animal Health was 0.66. The lowest was 0.11. And the median was 0.63.

TSXV:WOLF's Equity-to-Asset is ranked better than
80% of 110 companies
in the Personal Services industry
Industry Median: 0.37 vs TSXV:WOLF: 0.66

Grey Wolf Animal Health Equity-to-Asset Historical Data

The historical data trend for Grey Wolf Animal Health'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.

Grey Wolf Animal Health Equity-to-Asset Chart

Grey Wolf Animal Health Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.11

0.62

0.63

Grey Wolf Animal Health Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial					0.64	0.64	0.63	0.63	0.66

Competitive Comparison of Grey Wolf Animal Health's Equity-to-Asset

For the Personal Services subindustry, Grey Wolf Animal Health'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.

Grey Wolf Animal Health's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Grey Wolf Animal Health's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grey Wolf Animal Health's Equity-to-Asset falls into.

Grey Wolf Animal Health 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.

Grey Wolf Animal Health'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
	=	25.09	/	39.632
	=	0.63

Grey Wolf Animal Health's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	25.193	/	38.14
	=	0.66

Grey Wolf Animal Health (TSXV:WOLF) 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%.

Grey Wolf Animal Health Equity-to-Asset Related Terms

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