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Blueberries Medical (Blueberries Medical) Equity-to-Asset : 0.81 (As of Dec. 2023)


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What is Blueberries Medical Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Blueberries Medical's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.45 Mil. Blueberries Medical's Total Assets for the quarter that ended in Dec. 2023 was $1.80 Mil. Therefore, Blueberries Medical's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.81.

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

BBRRF' s Equity-to-Asset Range Over the Past 10 Years
Min: -39.38   Med: 0.43   Max: 0.92
Current: 0.81

During the past 11 years, the highest Equity to Asset Ratio of Blueberries Medical was 0.92. The lowest was -39.38. And the median was 0.43.

BBRRF's Equity-to-Asset is ranked worse than
85.19% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs BBRRF: 0.81

Blueberries Medical Equity-to-Asset Historical Data

The historical data trend for Blueberries Medical'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.

Blueberries Medical Equity-to-Asset Chart

Blueberries Medical Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.54 0.40 0.44 0.81

Blueberries Medical 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 0.44 0.36 0.25 0.18 0.81

Competitive Comparison of Blueberries Medical's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Blueberries Medical'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.


Blueberries Medical's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Blueberries Medical 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.

Blueberries Medical's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.451/1.802
=0.81

Blueberries Medical'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
=1.451/1.802
=0.81

* 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.


Blueberries Medical  (OTCPK:BBRRF) 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%.


Blueberries Medical Equity-to-Asset Related Terms

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Blueberries Medical (Blueberries Medical) Business Description

Traded in Other Exchanges
Address
8500 West Georgia Street, Suite 2200, Vancouve, BC, CAN, V6C 3E8
Blueberries Medical Corp is a licensed producer of psychoactive and non-psychoactive cannabis by-products in Colombia. It cultivates, produces, and distributes cannabidiol (CBD) and THC (tetrahydrocannabinol) based medical cannabis domestically as well as internationally. It generates all of its revenues from Colombia.