Better For You Wellness (Better For You Wellness) Equity-to-Asset : -2.00 (As of Nov. 2023)

Better For You Wellness Equity-to-Asset Chart

Better For You Wellness Annual Data
	Trend	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Feb22	Feb23
Equity-to-Asset		Get a 7-Day Free Trial					0.49	0.91	0.88	-36.60	-1.78

Better For You Wellness Quarterly Data
	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Equity-to-Asset	Get a 7-Day Free Trial															-	-1.78	-1.72	-1.52	-2.00

Competitive Comparison of Better For You Wellness's Equity-to-Asset

For the Shell Companies subindustry, Better For You Wellness'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.

Better For You Wellness's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Equity-to-Asset falls into.

Better For You Wellness 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.

Better For You Wellness's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Better For You Wellness's Equity to Asset Ratio for the quarter that ended in Nov. 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.

Better For You Wellness  (OTCPK:BFYW) 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%.

Better For You Wellness Equity-to-Asset Related Terms

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Better For You Wellness (Better For You Wellness) Business Description