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Street Capital (XCNQ:STRC.X) Equity-to-Asset : -1.94 (As of Sep. 2024)


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What is Street Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Street Capital's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$-0.55 Mil. Street Capital's Total Assets for the quarter that ended in Sep. 2024 was C$0.28 Mil. Therefore, Street Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -1.94.

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

XCNQ:STRC.X' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.2   Med: 0.58   Max: 0.95
Current: -1.94

During the past 5 years, the highest Equity to Asset Ratio of Street Capital was 0.95. The lowest was -3.20. And the median was 0.58.

XCNQ:STRC.X's Equity-to-Asset is ranked worse than
96.49% of 1025 companies
in the Drug Manufacturers industry
Industry Median: 0.6 vs XCNQ:STRC.X: -1.94

Street Capital Equity-to-Asset Historical Data

The historical data trend for Street Capital'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.

Street Capital Equity-to-Asset Chart

Street Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.91 0.90 0.83 -0.02 -1.51

Street Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.03 -1.51 -3.20 -3.01 -1.94

Competitive Comparison of Street Capital's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Street Capital'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.


Street Capital's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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


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Street Capital 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.

Street Capital'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
=-0.396/0.262
=-1.51

Street Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=-0.55/0.283
=-1.94

* 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.


Street Capital  (XCNQ:STRC.X) 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%.


Street Capital Equity-to-Asset Related Terms

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


Street Capital Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Street Capital Inc formerly The Hash Corp is engaged in the production and sale of cannabis-based hashish and other cannabis products. It applies its separation and curing techniques to produce a suite of high-quality cannabis resin products, which are all-natural and free of additive and carcinogenic solvents.
Executives
Tyler Metford Senior Officer

Street Capital Headlines

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