MYLKF (The Planting Hope Co) Total Stockholders Equity: $-3.82 Mil (As of Sep. 2023)

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What is The Planting Hope Co Total Stockholders Equity?

The Planting Hope Co MYLKF -99.99% Total Stockholders Equity is $-3.82 Mil as of Sep. 2023.

The Planting Hope Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-3.82 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. The Planting Hope Co's Book Value per Share for the quarter that ended in Sep. 2023 was $-0.03. The ratio of a company's debt over equity can be used to measure how leveraged this company is. The Planting Hope Co's Debt-to-Equity for the quarter that ended in Sep. 2023 was -1.65.

The Planting Hope Co  (OTCPK:MYLKF) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

The Planting Hope Co's Book Value per Share for the quarter that ended in Sep. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-3.82386-0)/115.683981
=-0.03

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

The Planting Hope Co's Debt-to-Equity for the quarter that ended in Sep. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.977358 + 4.342059) / -3.82386
=-1.65

* 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.

The Planting Hope Co Total Stockholders Equity Related Terms

The Planting Hope Co Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for The Planting Hope Co's Total Stockholders Equity 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.

The Planting Hope Co Total Stockholders Equity Chart

The Planting Hope Co Annual Data
Trend Dec21 Dec22
Total Stockholders Equity
-4.29 1.64

The Planting Hope Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only -2.33 1.64 -0.19 -1.74 -3.82
What does a Total Stockholders Equity of $-3.82 Mil mean?
The Planting Hope Co (MYLKF) has a Total Stockholders Equity of $-3.82 Mil as of Sep. 2023. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for The Planting Hope Co and its competitors.
Is The Planting Hope Co's Total Stockholders Equity too high?
The Planting Hope Co's current Total Stockholders Equity is $-3.82 Mil.
How does The Planting Hope Co's Total Stockholders Equity compare to KHC and GIS?
The Planting Hope Co's Total Stockholders Equity of $-3.82 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Stockholders Equity for a Consumer Packaged Goods company?
A good Total Stockholders Equity depends on the Consumer Packaged Goods industry context. However, Total Stockholders Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for The Planting Hope Co and its competitors. The Planting Hope Co's current Total Stockholders Equity is $-3.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Planting Hope Co stock overvalued right now?
The Planting Hope Co (MYLKF) has a current Total Stockholders Equity of $-3.82 Mil. The current Total Stockholders Equity is $-3.82 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For The Planting Hope Co (MYLKF), the current Total Stockholders Equity is $-3.82 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Planting Hope Co Business Description

Address 725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5
The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.