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Xebra Brands (XCNQ:XBRA) Equity-to-Asset : 0.52 (As of Nov. 2023)


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What is Xebra Brands Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xebra Brands's Total Stockholders Equity for the quarter that ended in Nov. 2023 was C$0.67 Mil. Xebra Brands's Total Assets for the quarter that ended in Nov. 2023 was C$1.29 Mil. Therefore, Xebra Brands's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.52.

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

XCNQ:XBRA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.84   Max: 0.96
Current: 0.52

During the past 4 years, the highest Equity to Asset Ratio of Xebra Brands was 0.96. The lowest was 0.50. And the median was 0.84.

XCNQ:XBRA's Equity-to-Asset is ranked worse than
57.14% of 1085 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs XCNQ:XBRA: 0.52

Xebra Brands Equity-to-Asset Historical Data

The historical data trend for Xebra Brands'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.

Xebra Brands Equity-to-Asset Chart

Xebra Brands Annual Data
Trend Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
0.88 0.84 0.89 0.60

Xebra Brands Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.90 0.60 0.83 0.61 0.52

Competitive Comparison of Xebra Brands's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Xebra Brands'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.


Xebra Brands's Equity-to-Asset Distribution in the Drug Manufacturers Industry

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

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



Xebra Brands 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.

Xebra Brands's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=0.796/1.324
=0.60

Xebra Brands's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=0.671/1.286
=0.52

* 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.


Xebra Brands  (XCNQ:XBRA) 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%.


Xebra Brands Equity-to-Asset Related Terms

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


Xebra Brands (XCNQ:XBRA) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Xebra Brands Ltd is focused on cannabis cultivation and products, with global brands and intellectual property. Its products cover wellness and leisure and include beverages. It has one reportable business segment, being the cultivation, processing, manufacturing, design and delivery of cannabis products.

Xebra Brands (XCNQ:XBRA) Headlines

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