Body and Mind (Body and Mind) Equity-to-Asset

: -0.60 (As of Jan. 2024)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Body and Mind's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-10.87 Mil. Body and Mind's Total Assets for the quarter that ended in Jan. 2024 was $18.00 Mil. Therefore, Body and Mind's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.60.

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

BMMJ' s Equity-to-Asset Range Over the Past 10 Years
Min: -72 Med: 0.58 Max: 0.92
Current: -0.6

During the past 13 years, the highest Equity to Asset Ratio of Body and Mind was 0.92. The lowest was -72.00. And the median was 0.58.

BMMJ's Equity-to-Asset is ranked worse than
92.82% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs BMMJ: -0.60

Body and Mind Equity-to-Asset Historical Data

The historical data trend for Body and Mind'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.

Body and Mind Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Equity-to-Asset

0.92

0.87

0.71

0.31

-0.48

Body and Mind Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset																0.13	0.02	-0.48	-0.60	-0.60

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.

Body and Mind Equity-to-Asset Distribution

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

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

Body and Mind 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.

Body and Mind's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-10.275	/	21.21
	=	-0.48

Body and Mind's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	-10.87	/	17.998
	=	-0.60

Body and Mind (OTCPK:BMMJ) 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%.

Body and Mind Equity-to-Asset Related Terms

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Body and Mind (Body and Mind) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Body and Mind Inc (OTCPK:BMMJ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

BAMM:Canada

Address

750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.bodyandmind.com

Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.