Silo Wellness (XCNQ:SILO) Equity-to-Asset : -28.07 (As of Jul. 2023)

Silo Wellness Equity-to-Asset Chart

Silo Wellness Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Equity-to-Asset	Get a 7-Day Free Trial										-12.05	-82.51	-77.60	-24.86	-28.07

Competitive Comparison of Silo Wellness's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Silo 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.

Silo Wellness's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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

Silo 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.

Silo Wellness's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Silo Wellness's Equity to Asset Ratio for the quarter that ended in Jul. 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.

Silo Wellness  (XCNQ:SILO) 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%.

Silo Wellness Equity-to-Asset Related Terms

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Silo Wellness (XCNQ:SILO) Business Description