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Flow Beverage (TSX:FLOW) Equity-to-Asset : -0.25 (As of Jan. 2024)


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What is Flow Beverage Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flow Beverage's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$-14.39 Mil. Flow Beverage's Total Assets for the quarter that ended in Jan. 2024 was C$57.34 Mil. Therefore, Flow Beverage's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.25.

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

TSX:FLOW' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.39   Med: 0.32   Max: 0.93
Current: -0.25

During the past 7 years, the highest Equity to Asset Ratio of Flow Beverage was 0.93. The lowest was -4.39. And the median was 0.32.

TSX:FLOW's Equity-to-Asset is ranked worse than
93.64% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.575 vs TSX:FLOW: -0.25

Flow Beverage Equity-to-Asset Historical Data

The historical data trend for Flow Beverage'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.

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Flow Beverage Equity-to-Asset Chart

Flow Beverage Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial 0.27 -1.59 0.53 0.40 -0.10

Flow Beverage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.37 0.27 0.10 -0.10 -0.25

Competitive Comparison of Flow Beverage's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, Flow Beverage'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.


Flow Beverage's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Flow Beverage's Equity-to-Asset distribution charts can be found below:

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



Flow Beverage 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.

Flow Beverage's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=-5.711/54.936
=-0.10

Flow Beverage's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-14.389/57.343
=-0.25

* 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.


Flow Beverage  (TSX:FLOW) 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%.


Flow Beverage Equity-to-Asset Related Terms

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Flow Beverage (TSX:FLOW) Business Description

Traded in Other Exchanges
Address
155 Industrial Parkway South, Unit 7-10, Aurora, ON, CAN, L4G 3G6
Flow Beverage Corp is a health and wellness-focused beverage company at the convergence of three important trends in the consumer-packaged goods industry including functional ingredients, sustainable packaging and supply chain and premium quality. It markets its premium alkaline spring water in Canada and the United States in original unflavoured and a range of organic flavors in various sizes.