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Medical Marijuana (Medical Marijuana) Liabilities-to-Assets : 0.06 (As of Dec. 2017)


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What is Medical Marijuana Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Medical Marijuana's Total Liabilities for the quarter that ended in Dec. 2017 was $15.45 Mil. Medical Marijuana's Total Assets for the quarter that ended in Dec. 2017 was $274.84 Mil. Therefore, Medical Marijuana's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 was 0.06.


Medical Marijuana Liabilities-to-Assets Historical Data

The historical data trend for Medical Marijuana's Liabilities-to-Assets 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.

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Medical Marijuana Liabilities-to-Assets Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial 0.03 0.17 0.07 0.03 0.06

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets Get a 7-Day Free Trial 0.03 0.17 0.07 0.03 0.06

Competitive Comparison of Medical Marijuana's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Medical Marijuana's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Medical Marijuana's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medical Marijuana's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Medical Marijuana's Liabilities-to-Assets falls into.



Medical Marijuana Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Medical Marijuana's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=15.451/274.838
=0.06

Medical Marijuana's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2017 is calculated as

Liabilities-to-Assets (Q: Dec. 2017 )=Total Liabilities/Total Assets
=15.451/274.838
=0.06

* 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.


Medical Marijuana  (OTCPK:MJNA) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Medical Marijuana Liabilities-to-Assets Related Terms

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Medical Marijuana (Medical Marijuana) Business Description

Traded in Other Exchanges
N/A
Address
2384 La Mirada Drive, Vista, CA, USA, 92081
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.

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