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Juva Life (Juva Life) Equity-to-Asset : 0.43 (As of Mar. 2023)


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What is Juva Life Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Juva Life's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $8.50 Mil. Juva Life's Total Assets for the quarter that ended in Mar. 2023 was $19.95 Mil. Therefore, Juva Life's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.43.

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

JUVAF's Equity-to-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Juva Life Equity-to-Asset Historical Data

The historical data trend for Juva Life'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.

Juva Life Equity-to-Asset Chart

Juva Life Annual Data
Trend Dec19 Dec20
Equity-to-Asset
-0.09 0.43

Juva Life Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.64 0.44 0.38 0.43

Competitive Comparison of Juva Life's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Juva Life'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.


Juva Life's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Juva Life 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.

Juva Life'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
=6.703/15.591
=0.43

Juva Life's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=8.5/19.946
=0.43

* 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.


Juva Life  (OTCPK:JUVAF) 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%.


Juva Life Equity-to-Asset Related Terms

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Juva Life (Juva Life) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.