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Americann (Americann) Equity-to-Asset : 0.37 (As of Dec. 2023)


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What is Americann Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Americann's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5.54 Mil. Americann's Total Assets for the quarter that ended in Dec. 2023 was $14.96 Mil. Therefore, Americann's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.

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

ACAN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.41   Max: 0.98
Current: 0.37

During the past 12 years, the highest Equity to Asset Ratio of Americann was 0.98. The lowest was 0.09. And the median was 0.41.

ACAN's Equity-to-Asset is ranked worse than
60.66% of 1838 companies
in the Real Estate industry
Industry Median: 0.44 vs ACAN: 0.37

Americann Equity-to-Asset Historical Data

The historical data trend for Americann'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.

Americann Equity-to-Asset Chart

Americann Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.40 0.37 0.38 0.38

Americann Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.39 0.38 0.38 0.37

Competitive Comparison of Americann's Equity-to-Asset

For the Real Estate Services subindustry, Americann'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.


Americann's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Equity-to-Asset distribution charts can be found below:

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



Americann 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.

Americann's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=5.707/15.155
=0.38

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

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5.535/14.96
=0.37

* 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.


Americann  (OTCPK:ACAN) 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%.


Americann Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Americann's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Americann (Americann) Business Description

Traded in Other Exchanges
N/A
Address
1555 Blake Street, Unit 502, Denver, CO, USA, 80202
Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.
Executives
Benjamin J Barton director 1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc 10 percent owner 1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh director, officer: Chief Executive Officer 54 ACUSHNET ROAD, MATTAPOISETT MA 02739