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Cannabusiness Group (Cannabusiness Group) Equity-to-Asset : 0.07 (As of Dec. 2007)


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What is Cannabusiness Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cannabusiness Group's Total Stockholders Equity for the quarter that ended in Dec. 2007 was $0.46 Mil. Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 was $6.46 Mil. Therefore, Cannabusiness Group's Equity to Asset Ratio for the quarter that ended in Dec. 2007 was 0.07.

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

CBGI's Equity-to-Asset is not ranked *
in the Real Estate industry.
Industry Median: 0.44
* Ranked among companies with meaningful Equity-to-Asset only.

Cannabusiness Group Equity-to-Asset Historical Data

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Equity-to-Asset Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 -0.10 -0.01 0.07

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.99 -0.10 -0.01 0.07

Competitive Comparison of Cannabusiness Group's Equity-to-Asset

For the Real Estate Services subindustry, Cannabusiness Group'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.


Cannabusiness Group's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Equity-to-Asset distribution charts can be found below:

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



Cannabusiness Group 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.

Cannabusiness Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Equity to Asset (A: Dec. 2007 )=Total Stockholders Equity/Total Assets
=0.463/6.462
=0.07

Cannabusiness Group's Equity to Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

Equity to Asset (Q: Dec. 2007 )=Total Stockholders Equity/Total Assets
=0.463/6.462
=0.07

* 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.


Cannabusiness Group  (OTCPK:CBGI) 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%.


Cannabusiness Group Equity-to-Asset Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

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