TPCO Holding (TPCO Holding) Equity-to-Asset : 0.57 (As of Mar. 2023)

View and export this data going back to 2020. Start your Free Trial

What is TPCO Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TPCO Holding's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $146.18 Mil. TPCO Holding's Total Assets for the quarter that ended in Mar. 2023 was $258.80 Mil. Therefore, TPCO Holding's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.57.

The historical rank and industry rank for TPCO Holding's Equity-to-Asset or its related term are showing as below:

GRMWF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.62 Max: 0.95
Current: 0.57

During the past 4 years, the highest Equity to Asset Ratio of TPCO Holding was 0.95. The lowest was 0.02. And the median was 0.62.

GRMWF's Equity-to-Asset is not ranked
in the Drug Manufacturers industry.
Industry Median: 0.58 vs GRMWF: 0.57

TPCO Holding Equity-to-Asset Historical Data

The historical data trend for TPCO Holding'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.

TPCO Holding Equity-to-Asset Chart

TPCO Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.02

0.95

0.63

0.57

TPCO Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Equity-to-Asset	Get a 7-Day Free Trial									0.62	0.62	0.50	0.57	0.57

Competitive Comparison of TPCO Holding's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, TPCO Holding'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.

TPCO Holding's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TPCO Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TPCO Holding's Equity-to-Asset falls into.

TPCO Holding 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.

TPCO Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	161.038	/	280.518
	=	0.57

TPCO Holding'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
	=	146.176	/	258.804
	=	0.56

TPCO Holding (OTCPK:GRMWF) 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%.

TPCO Holding Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of TPCO Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

TPCO Holding (TPCO Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TPCO Holding Corp (OTCPK:GRMWF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1550 Leigh Avenue, San Jose, CA, USA, 95125

Website

https://www.theparent.co

TPCO Holding Corp is a consumer-focused cannabis company based in the United States focused on the recreational and wellness markets. Its operational footprint spans cultivation, extraction, manufacturing, distribution, brands, retail and delivery. The company's sales channels include Direct Consumer and Wholesale, of which key revenue is derived from the Wholesale channel which includes the company selling first-party and selected third-party products into 450 dispensaries across California. Additional wholesale revenue comes from sales of sourced bulk flowers and oil produced in-house. It has one segment engaged in the cultivation, manufacturing, distribution and sale of cannabis within the State of California.