Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Scopus BioPharma's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-9.45 Mil. Scopus BioPharma's Total Assets for the quarter that ended in Jun. 2023 was $0.50 Mil.
The historical rank and industry rank for Scopus BioPharma's Equity-to-Asset or its related term are showing as below:
SCPS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -18.98 Med: -0.12 Max: 0.74
Current: -18.98
During the past 6 years, the highest Equity to Asset Ratio of Scopus BioPharma was 0.74. The lowest was -18.98. And the median was -0.12.
SCPS's Equity-to-Asset is ranked worse than 98.33% of 1559
companies
in the Biotechnology industry
Industry Median: 0.67
vs SCPS: -18.98
Scopus BioPharma Equity-to-Asset Historical Data
The historical data trend for Scopus BioPharma'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 Scopus BioPharma's Equity-to-Asset
For the Biotechnology subindustry, Scopus BioPharma'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.
Scopus BioPharma's Equity-to-Asset Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Scopus BioPharma's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Scopus BioPharma's Equity-to-Asset falls into.
Scopus BioPharma 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.
Scopus BioPharma's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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%.
Scopus BioPharma Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Scopus BioPharma's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Scopus BioPharma (Scopus BioPharma) Business Description
Scopus BioPharma Inc a biotechnology company focused on developing therapeutics targeting the endocannabinoid system. The endocannabinoid system is comprised of chemical compounds, or cannabinoids, that interact with cannabinoid receptors which are located throughout the body. The company product candidates would utilize synthetically-produced cannabinoids as opposed to plant-derived compounds. Its product candidate comprises CO-sTiRNA, which is a STAT3 inhibitor gene therapy and MRI-1867.
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