Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tattooed Chef's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $70.2 Mil. Tattooed Chef's Total Assets for the quarter that ended in Mar. 2023 was $190.3 Mil.
Therefore, Tattooed Chef's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.37.
The historical rank and industry rank for Tattooed Chef's Equity-to-Asset or its related term are showing as below:
TTCFQ's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.54 * Ranked among companies with meaningful Equity-to-Asset only.
Tattooed Chef Equity-to-Asset Historical Data
The historical data trend for Tattooed Chef'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.
Competitive Comparison of Tattooed Chef's Equity-to-Asset
For the Packaged Foods subindustry, Tattooed Chef'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.
Tattooed Chef's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tattooed Chef's Equity-to-Asset falls into.
Tattooed Chef 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.
Tattooed Chef's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Tattooed Chef (OTCPK:TTCFQ) 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%.
Tattooed Chef Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Tattooed Chef's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Tattooed Chef (Tattooed Chef) Business Description
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
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