Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bakhu Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-9.78 Mil. Bakhu Holdings's Total Assets for the quarter that ended in Jan. 2024 was $0.83 Mil.
The historical rank and industry rank for Bakhu Holdings's Equity-to-Asset or its related term are showing as below:
BKUH'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1477 Med: -21 Max: -0.69
Current: -11.83
During the past 10 years, the highest Equity to Asset Ratio of Bakhu Holdings was -0.69. The lowest was -1477.00. And the median was -21.00.
BKUH's Equity-to-Asset is ranked worse than 98.71% of 1087
companies
in the Drug Manufacturers industry
Industry Median: 0.59
vs BKUH: -11.83
Bakhu Holdings Equity-to-Asset Historical Data
The historical data trend for Bakhu 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.
Competitive Comparison of Bakhu Holdings's Equity-to-Asset
For the Drug Manufacturers - Specialty & Generic subindustry, Bakhu 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.
Bakhu Holdings's Equity-to-Asset Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Bakhu Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bakhu Holdings's Equity-to-Asset falls into.
Bakhu 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.
Bakhu Holdings's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
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%.
Bakhu Holdings Equity-to-Asset Related Terms
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Bakhu Holdings (Bakhu Holdings) Business Description
Bakhu Holdings Corp is a development stage company engaged in the production, manufacturing, and sale of cannabis and byproducts. The company also provides cannabis-related research, teaching and education for both medical and other purposes, and all medical uses and applications of cannabis, within the Territory.
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