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Charlottes Web Holdings (TSX:CWEB) Equity-to-Asset : 0.33 (As of Mar. 2024)


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What is Charlottes Web Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Charlottes Web Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$63.17 Mil. Charlottes Web Holdings's Total Assets for the quarter that ended in Mar. 2024 was C$191.91 Mil. Therefore, Charlottes Web Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

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

TSX:CWEB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.76   Max: 0.88
Current: 0.33

During the past 8 years, the highest Equity to Asset Ratio of Charlottes Web Holdings was 0.88. The lowest was 0.33. And the median was 0.76.

TSX:CWEB's Equity-to-Asset is ranked worse than
78.2% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.58 vs TSX:CWEB: 0.33

Charlottes Web Holdings Equity-to-Asset Historical Data

The historical data trend for Charlottes Web 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.

* Premium members only.

Charlottes Web Holdings Equity-to-Asset Chart

Charlottes Web Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.69 0.82 0.76 0.41 0.36

Charlottes Web Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.43 0.44 0.39 0.36 0.33

Competitive Comparison of Charlottes Web Holdings's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Charlottes Web 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.


Charlottes Web Holdings's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Charlottes Web Holdings's Equity-to-Asset falls into.



Charlottes Web 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.

Charlottes Web Holdings'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
=74.537/204.658
=0.36

Charlottes Web Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=63.17/191.911
=0.33

* 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.


Charlottes Web Holdings  (TSX:CWEB) 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%.


Charlottes Web Holdings Equity-to-Asset Related Terms

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


Charlottes Web Holdings (TSX:CWEB) Business Description

Traded in Other Exchanges
Address
700 Tech Court, Louisville, CO, USA, 80027
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick-and-mortar specialty retailers.
Executives
William Morachnick Senior Officer

Charlottes Web Holdings (TSX:CWEB) Headlines

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