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

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What is YourWay Cannabis Brands Equity-to-Asset?

YourWay Cannabis Brands YOURF -90.00% Equity-to-Asset is 0.58 as of Sep. 2021.

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: 0.6
* Ranked among companies with meaningful Equity-to-Asset only.

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


YourWay Cannabis Brands Equity-to-Asset Historical Data

* Premium members only.

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.

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

YOURF vs ZTS, CTLT, VTRS: Equity-to-Asset Comparison

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 Equity-to-Asset vs 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.58 mean?
YourWay Cannabis Brands (YOURF) has a Equity-to-Asset of 0.58 as of Sep. 2021. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on YourWay Cannabis Brands and its competitors.
Is YourWay Cannabis Brands' Equity-to-Asset too high?
YourWay Cannabis Brands' current Equity-to-Asset is 0.58. The Drug Manufacturers industry median Equity-to-Asset is 0.60. YourWay Cannabis Brands' value of 0.58 is 3.3% below this industry median.
How does YourWay Cannabis Brands' Equity-to-Asset compare to ZTS and CTLT?
YourWay Cannabis Brands' Equity-to-Asset of 0.58 can be compared against companies in the Drug Manufacturers industry. The industry median Equity-to-Asset is 0.60. YourWay Cannabis Brands' value of 0.58 is 3.3% 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 1,006 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. YourWay Cannabis Brands's current Equity-to-Asset of 0.58 is 3.3% 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 YourWay Cannabis Brands 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. YourWay Cannabis Brands's current Equity-to-Asset is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is YourWay Cannabis Brands stock overvalued right now?
YourWay Cannabis Brands (YOURF) has a current Equity-to-Asset of 0.58. The current Equity-to-Asset is 0.58 and 3.3% below the Drug Manufacturers industry median of 0.60. 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 YourWay Cannabis Brands (YOURF), the current Equity-to-Asset is 0.58 as of Sep. 2021. 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.

YourWay Cannabis Brands Business Description

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.