Wildpack Beverage (TSXV:CANS) Equity-to-Asset : -0.46 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Wildpack Beverage Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wildpack Beverage's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-32.99 Mil. Wildpack Beverage's Total Assets for the quarter that ended in Dec. 2023 was C$72.36 Mil.

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

TSXV:CANS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.46 Med: -0.15 Max: 0.34
Current: -0.46

During the past 3 years, the highest Equity to Asset Ratio of Wildpack Beverage was 0.34. The lowest was -0.46. And the median was -0.15.

TSXV:CANS's Equity-to-Asset is ranked worse than
96.61% of 1091 companies
in the Business Services industry
Industry Median: 0.5 vs TSXV:CANS: -0.46

Wildpack Beverage Equity-to-Asset Historical Data

The historical data trend for Wildpack 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.

* Premium members only.

Wildpack Beverage Equity-to-Asset Chart

Wildpack Beverage Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.34

-0.15

-0.46

Wildpack Beverage Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										-0.15	-0.25	-0.15	-0.24	-0.46

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

For the Specialty Business Services subindustry, Wildpack 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.

Wildpack Beverage's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wildpack Beverage's Equity-to-Asset distribution charts can be found below:

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

Wildpack 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.

Wildpack Beverage'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
	=	-32.993	/	72.355
	=

Wildpack Beverage'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
	=	-32.993	/	72.355
	=

Wildpack Beverage (TSXV:CANS) 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%.

Wildpack Beverage Equity-to-Asset Related Terms

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

Wildpack Beverage (TSXV:CANS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wildpack Beverage Inc (TSXV:CANS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

WLDPF:USA

Address

550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3

Website

https://www.wildpackbev.com

Wildpack Beverage Inc is engaged in the Beverage Packaging and Production Industry. Its business activities include filling and decorating aluminum cans, along with brokering packaging materials and printing labels and sleeves for the United States beverage market. The Company has four reportable segments, being can, filling, decorating, brokering, and corporate It earns revenue from the sale of aluminum cans, decorated packaging materials, and the provision of beverage filling services to its customers.

Wildpack Beverage (TSXV:CANS) Headlines

No Headlines