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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Veritas Farms's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0.21 Mil. Veritas Farms's Total Assets for the quarter that ended in Sep. 2023 was $8.32 Mil.
Therefore, Veritas Farms's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.03.
The historical rank and industry rank for Veritas Farms's Equity-to-Asset or its related term are showing as below:
VFRM'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.
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%.
Veritas Farms Equity-to-Asset Related Terms
Veritas Farms Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Veritas Farms'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.
VFRM vs STMH, NXEN, ENDPQ: Equity-to-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Veritas Farms'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.
Veritas Farms Equity-to-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Veritas Farms's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Veritas Farms's Equity-to-Asset falls into.
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.
Veritas Farms's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Veritas Farms (VFRM) has a Equity-to-Asset of 0.03 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Veritas Farms and its competitors.
Is Veritas Farms' Equity-to-Asset too high?
Veritas Farms' current Equity-to-Asset is 0.03. The Drug Manufacturers industry median Equity-to-Asset is 0.60. Veritas Farms' value of 0.03 is 95% below this industry median. Overall, Veritas Farms has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Veritas Farms' Equity-to-Asset compare to STMH and NXEN?
Veritas Farms' Equity-to-Asset of 0.03 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.60. Veritas Farms' value of 0.03 is 95% 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 1,007 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. Veritas Farms's current Equity-to-Asset of 0.03 is 95% 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 Veritas Farms 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. Veritas Farms's current Equity-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veritas Farms stock overvalued right now?
Veritas Farms (VFRM) has a current Equity-to-Asset of 0.03. The current Equity-to-Asset is 0.03 and 95% below the Drug Manufacturers industry median of 0.60. Veritas Farms' overall GF Score™ is 12/100. 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 Veritas Farms (VFRM), the current Equity-to-Asset is 0.03 as of Sep. 2023. 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.
Veritas Farms Inc is engaged in producing natural rich-hemp products, using strict natural protocols and materials yielding broad spectrum phytocannabinoid rich hemp oils, distillates and isolates. Its products include Full Spectrum CBD Tincture, Full Spectrum CBD Salve, Full Spectrum CBD Capsules, Full Spectrum CBD Lotion and Others.
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