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YourWay Cannabis Brands (YourWay Cannabis Brands) Equity-to-Asset : 0.58 (As of Sep. 2021)


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What is YourWay Cannabis Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. YourWay Cannabis Brands's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $16.16 Mil. YourWay Cannabis Brands's Total Assets for the quarter that ended in Sep. 2021 was $27.91 Mil. Therefore, YourWay Cannabis Brands's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was 0.58.

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

YOURF'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.

YourWay Cannabis Brands Equity-to-Asset Historical Data

The historical data trend for YourWay Cannabis 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.

YourWay Cannabis Brands Equity-to-Asset Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Equity-to-Asset
0.17 0.34

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.32 0.34 0.54 0.62 0.58

Competitive Comparison of YourWay Cannabis Brands's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis 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.


YourWay Cannabis Brands's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



YourWay Cannabis 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.

YourWay Cannabis Brands's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=5.071/14.828
=0.34

YourWay Cannabis Brands's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=16.16/27.908
=0.58

* 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.


YourWay Cannabis Brands  (OTCPK:YOURF) 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%.


YourWay Cannabis Brands Equity-to-Asset Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Traded in Other Exchanges
N/A
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.

YourWay Cannabis Brands (YourWay Cannabis Brands) Headlines