Akerna (Akerna) Equity-to-Asset : -2.20 (As of Sep. 2023)

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What is Akerna Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Akerna's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-9.20 Mil. Akerna's Total Assets for the quarter that ended in Sep. 2023 was $4.18 Mil. Therefore, Akerna's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -2.20.

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

KERNW' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.2 Med: 0.77 Max: 1
Current: -2.2

During the past 6 years, the highest Equity to Asset Ratio of Akerna was 1.00. The lowest was -2.20. And the median was 0.77.

KERNW's Equity-to-Asset is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.47 vs KERNW: -2.20

Akerna Equity-to-Asset Historical Data

The historical data trend for Akerna'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.

Akerna Equity-to-Asset Chart

Akerna Annual Data

Trend

Dec17

Dec18

Jun19

Jun20

Dec21

Dec22

Equity-to-Asset

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0.99

0.90

0.55

0.64

-0.25

Akerna Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.44	-0.25	-0.83	-1.27	-2.20

Competitive Comparison of Akerna's Equity-to-Asset

For the Health Information Services subindustry, Akerna'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.

Akerna's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akerna's Equity-to-Asset distribution charts can be found below:

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

Akerna 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.

Akerna's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-4.826	/	19.468
	=	-0.25

Akerna's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-9.199	/	4.181
	=	-2.20

Akerna (NAS:KERNW) 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%.

Akerna Equity-to-Asset Related Terms

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Akerna (Akerna) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akerna Corp (NAS:KERNW) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

KERN:USA

Address

1550 Larimer Street, No 246, Denver, CO, USA, 80202

Website

https://www.akerna.com

Akerna Corp is a United States-based company provider of enterprise software solutions within the cannabis industry. It offers MJ Platform and Leaf Data Systems which are platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customers through the supply chain. It has two sources of revenue software and consulting services, and the majority of the revenue comes from commercial software platforms.