Atlas Global Brands (XCNQ:ATL) Equity-to-Asset : 0.16 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Atlas Global Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Global Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$10.11 Mil. Atlas Global Brands's Total Assets for the quarter that ended in Dec. 2023 was C$65.24 Mil. Therefore, Atlas Global Brands's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.

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

XCNQ:ATL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.23 Max: 0.3
Current: 0.16

During the past 0 years, the highest Equity to Asset Ratio of Atlas Global Brands was 0.30. The lowest was 0.16. And the median was 0.23.

XCNQ:ATL's Equity-to-Asset is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.58 vs XCNQ:ATL: 0.16

Atlas Global Brands Equity-to-Asset Historical Data

The historical data trend for Atlas Global Brands'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.

Atlas Global Brands Equity-to-Asset Chart

Atlas Global Brands Annual Data

Trend

Equity-to-Asset

Atlas Global Brands Quarterly Data
	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	-	0.30	0.23	0.16

Competitive Comparison of Atlas Global Brands's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Atlas Global Brands'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.

Atlas Global Brands's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Atlas Global Brands's Equity-to-Asset falls into.

Atlas Global Brands 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.

Atlas Global Brands's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

Atlas Global Brands'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
	=	10.111	/	65.244
	=	0.15

Atlas Global Brands (XCNQ:ATL) 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%.

Atlas Global Brands Equity-to-Asset Related Terms

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

Atlas Global Brands (XCNQ:ATL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Atlas Global Brands Inc (XCNQ:ATL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

566 Riverview Drive, Unit 104, Chatham, ON, CAN, N7M 0N2

Website

Atlas Global Brands Inc is a licensed cannabis company operating in Canada and Israel with experience across the cannabis value chain including cultivation, manufacturing, scalability, marketing, distribution, and pharmacy. Atlas currently serves eight countries: Australia, Canada, Denmark, Germany, Israel, Norway, Spain, and the United Kingdom.

Executives

Tamir Gedo	10% Security Holder
Jonathan Ben-cnaan	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Bernard Yeung	Senior Officer
Jason Cervi	Senior Officer
Jeffrey Robert Gossain	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Atlas Global Brands (XCNQ:ATL) Headlines

No Headlines