GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gnomestar Craft Inc (OTCPK:VDQSF) » Definitions » Equity-to-Asset

Gnomestar Craft (Gnomestar Craft) Equity-to-Asset : -1.88 (As of Dec. 2021)


View and export this data going back to 2015. Start your Free Trial

What is Gnomestar Craft Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gnomestar Craft's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $-1.65 Mil. Gnomestar Craft's Total Assets for the quarter that ended in Dec. 2021 was $0.87 Mil. Therefore, Gnomestar Craft's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was -1.88.

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

VDQSF's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.58
* Ranked among companies with meaningful Equity-to-Asset only.

Gnomestar Craft Equity-to-Asset Historical Data

The historical data trend for Gnomestar Craft'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.

Gnomestar Craft Equity-to-Asset Chart

Gnomestar Craft Annual Data
Trend Jun12 Jun13 Jun14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.17 -1.33 -0.98 -1.35

Gnomestar Craft Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -1.44 -1.35 -1.25 -1.59 -1.88

Competitive Comparison of Gnomestar Craft's Equity-to-Asset

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


Gnomestar Craft's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Gnomestar Craft 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.

Gnomestar Craft's Equity to Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Equity to Asset (A: Mar. 2021 )=Total Stockholders Equity/Total Assets
=-1.313/0.97
=-1.35

Gnomestar Craft's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-1.647/0.874
=-1.88

* 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.


Gnomestar Craft  (OTCPK:VDQSF) 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%.


Gnomestar Craft Equity-to-Asset Related Terms

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


Gnomestar Craft (Gnomestar Craft) Business Description

Traded in Other Exchanges
N/A
Address
8778 River Road, Delta, BC, CAN, V4G 1B5
Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

Gnomestar Craft (Gnomestar Craft) Headlines

No Headlines