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Indoor Harvest (Indoor Harvest) Equity-to-Asset : -0.39 (As of Sep. 2023)


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What is Indoor Harvest Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indoor Harvest's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.25 Mil. Indoor Harvest's Total Assets for the quarter that ended in Sep. 2023 was $0.64 Mil.

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

INQD' s Equity-to-Asset Range Over the Past 10 Years
Min: -51660   Med: -0.26   Max: 0.97
Current: -0.39

During the past 10 years, the highest Equity to Asset Ratio of Indoor Harvest was 0.97. The lowest was -51660.00. And the median was -0.26.

INQD's Equity-to-Asset is ranked worse than
92.17% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs INQD: -0.39

Indoor Harvest Equity-to-Asset Historical Data

The historical data trend for Indoor Harvest'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.

Indoor Harvest Equity-to-Asset Chart

Indoor Harvest Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.97 -172.24 -14,916.33 0.39 0.60

Indoor Harvest Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.76 0.60 0.32 -0.11 -0.39

Competitive Comparison of Indoor Harvest's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Indoor Harvest'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.


Indoor Harvest's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indoor Harvest's Equity-to-Asset distribution charts can be found below:

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



Indoor Harvest 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.

Indoor Harvest's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=0.346/0.579
=

Indoor Harvest's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.25/0.637
=

* 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.


Indoor Harvest  (OTCPK:INQD) 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%.


Indoor Harvest Equity-to-Asset Related Terms

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


Indoor Harvest (Indoor Harvest) Business Description

Traded in Other Exchanges
N/A
Address
7401 W. Slaughter Lane, Suite 5078, Austin, TX, USA, 78739
Indoor Harvest Corp develops, process, and provide cannabis medicines. The company provides cannabis industry production platforms for building integrated agriculture (BIA) production. It focuses on Genetics, Tissue Culture, Controlled Environment Ag technologies, including high-pressure Aeroponic Cultivation, Micropropagation, and Cultivation operations. It focuses on an integrated consolidation platform offering for cannabis industry companies focused on hemp, other hemp-related products, CBD, CPG, and ancillary business verticals.
Executives
Daniel Patrick Weadock director, officer: Chief Executive Officer C/O INDOOR HARVEST CORP, 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Benjamin Godoy Coleman 10 percent owner 8518 PEGASUS DR, SELMA TX 78154
Lang Coleman director 8518 PEGASUS DR, SELMA TX 78154
Sandra Fowler officer: Chief Marketing Officer C/O INDOOR HARVEST CORP., 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Sykes Chad Colin director, 10 percent owner, officer: CEO 14830 FOREST LODGE DR., HOUSTON TX 77070
Pawel Hardej director 6304 INDIAN CANYON DR., AUSTIN TX 78746
William Jamieson director PO BOX 47700, PHOENIX AZ 85068
John Alexander Zimmerman director 10258 TIMBER TRAIL DR., DALLAS TX 75229
John Choo director, officer: President 4 NANAIMO DR., OTTAWA A6 K2H 6X5
Annette Lee Knebel director, officer: Chief Accounting Officer C/O INDOOR HARVEST CORP., 5300 EAST FREEWAY, SUITE A, HOUSTON TX 77020
Richard A. Gutshall director, officer: Interim CEO and CFO 7716 ORISHA DRIVE, AUSTIN TX 78739
John Irving Seckman director P.O BOX 3009, IDAHO SPRINGS CO 80452