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Fire & Flower Holdings (TSX:FAF) Equity-to-Asset : 0.40 (As of Mar. 2023)


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What is Fire & Flower Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fire & Flower Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was C$58.4 Mil. Fire & Flower Holdings's Total Assets for the quarter that ended in Mar. 2023 was C$147.0 Mil. Therefore, Fire & Flower Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.40.

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

TSX:FAF's Equity-to-Asset is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.46
* Ranked among companies with meaningful Equity-to-Asset only.

Fire & Flower Holdings Equity-to-Asset Historical Data

The historical data trend for Fire & Flower Holdings'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.

Fire & Flower Holdings Equity-to-Asset Chart

Fire & Flower Holdings Annual Data
Trend Jan20 Jan21 Jan22
Equity-to-Asset
0.31 0.17 0.52

Fire & Flower Holdings Quarterly Data
Feb18 May18 Aug18 Nov18 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23
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 0.52 0.64 0.61 0.51 0.40

Competitive Comparison of Fire & Flower Holdings's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, Fire & Flower Holdings'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.


Fire & Flower Holdings's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Fire & Flower Holdings's Equity-to-Asset falls into.



Fire & Flower Holdings 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.

Fire & Flower Holdings's Equity to Asset Ratio for the fiscal year that ended in Jan. 2022 is calculated as

Equity to Asset (A: Jan. 2022 )=Total Stockholders Equity/Total Assets
=115.692/222.88
=0.52

Fire & Flower Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )=Total Stockholders Equity/Total Assets
=58.43/147.031
=0.40

* 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.


Fire & Flower Holdings  (TSX:FAF) 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%.


Fire & Flower Holdings Equity-to-Asset Related Terms

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Fire & Flower Holdings (TSX:FAF) Business Description

Traded in Other Exchanges
N/A
Address
130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8
Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.

Fire & Flower Holdings (TSX:FAF) Headlines