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Akerna (Akerna) Equity-to-Asset : -2.20 (As of Sep. 2023)


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What is Akerna Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Akerna's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-9.20 Mil. Akerna's Total Assets for the quarter that ended in Sep. 2023 was $4.18 Mil. Therefore, Akerna's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -2.20.

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

KERN' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.2   Med: 0.77   Max: 1
Current: -2.2

During the past 6 years, the highest Equity to Asset Ratio of Akerna was 1.00. The lowest was -2.20. And the median was 0.77.

KERN's Equity-to-Asset is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.46 vs KERN: -2.20

Akerna Equity-to-Asset Historical Data

The historical data trend for Akerna'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.

Akerna Equity-to-Asset Chart

Akerna Annual Data
Trend Dec17 Dec18 Jun19 Jun20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.90 0.55 0.64 -0.25

Akerna 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 0.44 -0.25 -0.83 -1.27 -2.20

Competitive Comparison of Akerna's Equity-to-Asset

For the Health Information Services subindustry, Akerna'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.


Akerna's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akerna's Equity-to-Asset distribution charts can be found below:

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



Akerna 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.

Akerna'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
=-4.826/19.468
=-0.25

Akerna'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
=-9.199/4.181
=-2.20

* 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.


Akerna  (NAS:KERN) 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%.


Akerna Equity-to-Asset Related Terms

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


Akerna (Akerna) Business Description

Traded in Other Exchanges
N/A
Address
1550 Larimer Street, No 246, Denver, CO, USA, 80202
Akerna Corp is a United States-based company provider of enterprise software solutions within the cannabis industry. It offers MJ Platform and Leaf Data Systems which are platforms that provide clients and government entities with a central data management system for tracking regulated cannabis products from seed to product to shelf to customers through the supply chain. It has two sources of revenue software and consulting services, and the majority of the revenue comes from commercial software platforms.
Executives
Mj Bridge Co., Inc. 10 percent owner 16192 COASTAL HIGHWAY, LEWES DE 19958
Barry Fishman director C/O AKERNA CORP., 1550 LARIMER STREET, SUITE 246, DENVER CO 80202
Matthew Ryan Kane director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Thompson Cecil Ray Jr officer: Chief Operating Officer 1630 WELTON ST, SUITE 400, DENVER CO 80201
David R Mccullough officer: Chief Technology Officer C/O AKERNA CORP., 1630 WELTON STREET - 4TH FLOOR, DENVER CO 80202
Jessica Billingsley director, 10 percent owner, officer: Chief Executive Officer AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Amy A. Poinsett Revocable Living Trust 10 percent owner 601 16TH STREET, SUITE C-420, GOLDEN CO 80403
Fowle John Michael Jr officer: Chief Financial Officer AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Tahira Rehmatullah director C/O AKERNA CORP., 1601 ARAPAHOE STREET, DENVER CO 32836
Ashesh C Shah director AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Nina Simosko officer: Chief Revenue Officer AKERNA CORP., 1601 ARAPAHOE ST., DENVER CO 80202
Scott Sozio director BAY HARBOUR MANAGEMENT, 885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Jessica Billingsley Living Trust 10 percent owner 1601 ARAPAHOE STREET, DENVER CO 80202
Amy A. Poinsett 10 percent owner 601 16TH STREET, SUITE C-420, GOLDEN CO 80401
Mtech Sponsor Llc 10 percent owner 10124 FOXHURST CT, ORLANDO FL 32836