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Red White & Bloom Brands (Red White & Bloom Brands) Liabilities-to-Assets : 1.58 (As of Dec. 2023)


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What is Red White & Bloom Brands 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. Red White & Bloom Brands's Total Liabilities for the quarter that ended in Dec. 2023 was $265.57 Mil. Red White & Bloom Brands's Total Assets for the quarter that ended in Dec. 2023 was $168.39 Mil. Therefore, Red White & Bloom Brands's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 1.58.


Red White & Bloom Brands Liabilities-to-Assets Historical Data

The historical data trend for Red White & Bloom Brands'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.

* Premium members only.

Red White & Bloom Brands Liabilities-to-Assets Chart

Red White & Bloom Brands Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.51 0.52 0.56 0.96 1.58

Red White & Bloom Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets 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 0.96 0.94 - 1.01 1.58

Competitive Comparison of Red White & Bloom Brands's Liabilities-to-Assets

For the Drug Manufacturers - Specialty & Generic subindustry, Red White & Bloom Brands'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.


Red White & Bloom Brands's Liabilities-to-Assets Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Red White & Bloom Brands's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Red White & Bloom Brands's Liabilities-to-Assets falls into.



Red White & Bloom Brands 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.

Red White & Bloom Brands's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=265.572/168.385
=1.58

Red White & Bloom Brands's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=265.572/168.385
=1.58

* 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.


Red White & Bloom Brands  (OTCPK:RWBYF) 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.


Red White & Bloom Brands Liabilities-to-Assets Related Terms

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Red White & Bloom Brands (Red White & Bloom Brands) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Red White & Bloom Brands Inc is a multi-state operator in the United States conducting operations in the legal cannabis industry. The principal activity of the company is the sale of a diverse range of high-quality cannabis-based products delivered through its distribution and retail channels. The company operates twelve licensed adult-use and medical retail dispensaries located in the legal states of Michigan and Florida.

Red White & Bloom Brands (Red White & Bloom Brands) Headlines