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Real Brands (Real Brands) Equity-to-Asset : -1.02 (As of Dec. 2023)


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What is Real Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Real Brands's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-1.30 Mil. Real Brands's Total Assets for the quarter that ended in Dec. 2023 was $1.28 Mil. Therefore, Real Brands's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.02.

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

RLBD' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.02   Med: -0.33   Max: 0.33
Current: -1.02

During the past 10 years, the highest Equity to Asset Ratio of Real Brands was 0.33. The lowest was -1.02. And the median was -0.33.

RLBD's Equity-to-Asset is ranked worse than
94.01% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs RLBD: -1.02

Real Brands Equity-to-Asset Historical Data

The historical data trend for Real Brands'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.

Real Brands Equity-to-Asset Chart

Real Brands Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.07 0.33 -0.01 -0.65 -1.02

Real Brands Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 Premium Member Only -0.65 -0.80 -0.84 -0.99 -1.02

Competitive Comparison of Real Brands's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Real Brands'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.


Real Brands's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Real Brands 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.

Real Brands's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-1.304/1.28
=-1.02

Real Brands's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-1.304/1.28
=-1.02

* 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.


Real Brands  (OTCPK:RLBD) 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%.


Real Brands Equity-to-Asset Related Terms

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


Real Brands (Real Brands) Business Description

Traded in Other Exchanges
N/A
Address
12 Humbert Street, North Providence, RI, USA, 02991
Real Brands Inc is a brand-building company in the legal hemp and cannabis industry. Its brand includes CBD Pharmacy, Omega Hemp, Hempaid, and Humboldt among others. The company sells its hemp-based products to the wholesale and retail markets.
Executives
James Wells Dobbins director 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Thomas Kidrin officer: President and CEO 11 ROYAL ROAD, BROOKLINE MA 02445
Christopher John Ryan officer: CFO 11 ROYAL RD, BROOKLINE MA 02445
Leonard Toboroff director 39 N MOORE ST, STE 6B, NEW YORK NY 10013
Peter N Christos director
Turning Point Brands, Inc. 10 percent owner 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
Brett S. Spitalny officer: Chief Operating Officer 2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Jerry Pearring director, officer: President & CEO 2 SOUTH UNIVERSITY DRIVE, SUITE 220, PLANTATION FL 33324
Ross E Silvey director 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Terry J Turner director 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Bernie Gurr officer: Chief Financial Officer 32751 MATTHEW DRIVE, DANA POINT CA 92629
Bruce Macgregor officer: Chief Executive Officer, Pres. 5092 RHOADS AVENUE UNIT A, SANTA BARBARA CA 93111
Ken Wiedrich director 43180 BUSINESS PARK DRIVE SUITE 202, TEMECULA CA 92590

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