GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Copland Road Capital Corp (XCNQ:CRCC) » Definitions » Equity-to-Asset

Copland Road Capital (XCNQ:CRCC) Equity-to-Asset : 0.60 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Copland Road Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Copland Road Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1.36 Mil. Copland Road Capital's Total Assets for the quarter that ended in Dec. 2023 was C$2.25 Mil.

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

XCNQ:CRCC' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.11   Med: 0.81   Max: 0.95
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Copland Road Capital was 0.95. The lowest was -1.11. And the median was 0.81.

XCNQ:CRCC's Equity-to-Asset is ranked better than
53.36% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs XCNQ:CRCC: 0.60

Copland Road Capital Equity-to-Asset Historical Data

The historical data trend for Copland Road Capital'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.

Copland Road Capital Equity-to-Asset Chart

Copland Road Capital Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 -1.11 0.86 0.85 0.60

Copland Road Capital Quarterly Data
Jan19 Apr19 Jul19 Oct19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.85 0.96 0.99 0.60 0.60

Competitive Comparison of Copland Road Capital's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Copland Road Capital'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.


Copland Road Capital's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Copland Road Capital 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.

Copland Road Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.358/2.251
=

Copland Road Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.358/2.251
=

* 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.


Copland Road Capital  (XCNQ:CRCC) 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%.


Copland Road Capital Equity-to-Asset Related Terms

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


Copland Road Capital (XCNQ:CRCC) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Copland Road Capital Corp is an investment company. It focuses on making investments in the cannabis industry. It generates revenue from Retail and wholesale, which includes the sale of physical cannabis goods. The company discontinued all its operations.
Executives
Scott Kelly 10% Security Holder, Director

Copland Road Capital (XCNQ:CRCC) Headlines

No Headlines