Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fresh Vine Wine's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.83 Mil. Fresh Vine Wine's Total Assets for the quarter that ended in Dec. 2023 was $1.39 Mil.
Therefore, Fresh Vine Wine's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.60.
The historical rank and industry rank for Fresh Vine Wine's Equity-to-Asset or its related term are showing as below:
VINE'
s Equity-to-Asset Range Over the Past 10 Years
Min: -9.04 Med: -0.6 Max: 0.89
Current: -0.6
During the past 5 years, the highest Equity to Asset Ratio of Fresh Vine Wine was 0.89. The lowest was -9.04. And the median was -0.60.
VINE's Equity-to-Asset is ranked worse than 98.6% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 0.5
vs VINE: -0.60
Fresh Vine Wine Equity-to-Asset Historical Data
The historical data trend for Fresh Vine Wine'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 Fresh Vine Wine's Equity-to-Asset
For the Beverages - Wineries & Distilleries subindustry, Fresh Vine Wine'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.
Fresh Vine Wine's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fresh Vine Wine's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fresh Vine Wine's Equity-to-Asset falls into.
Fresh Vine Wine 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.
Fresh Vine Wine's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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%.
Fresh Vine Wine Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Fresh Vine Wine's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Fresh Vine Wine (Fresh Vine Wine) Business Description
Fresh Vine Wine Inc is a producer of low carb, low calorie premium wines in the United States. The company's wine collection features a California Cabernet Sauvignon, Pinot Noir, Chardonnay, California Rose wine, and a Limited Reserve Napa Cabernet.
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