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Trail Blazer Capital (TSXV:TBLZ.P) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is Trail Blazer Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trail Blazer Capital's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$1.16 Mil. Trail Blazer Capital's Total Assets for the quarter that ended in Dec. 2023 was C$1.16 Mil.

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

TSXV:TBLZ.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.99   Max: 1
Current: 1

During the past 3 years, the highest Equity to Asset Ratio of Trail Blazer Capital was 1.00. The lowest was 0.96. And the median was 0.99.

TSXV:TBLZ.P's Equity-to-Asset is ranked better than
99.84% of 614 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs TSXV:TBLZ.P: 1.00

Trail Blazer Capital Equity-to-Asset Historical Data

The historical data trend for Trail Blazer 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.

Trail Blazer Capital Equity-to-Asset Chart

Trail Blazer Capital Annual Data
Trend Mar21 Mar22 Mar23
Equity-to-Asset
0.99 0.99 0.98

Trail Blazer Capital Quarterly Data
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 1.00 0.98 0.99 1.00 1.00

Competitive Comparison of Trail Blazer Capital's Equity-to-Asset

For the Shell Companies subindustry, Trail Blazer 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.


Trail Blazer Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trail Blazer Capital's Equity-to-Asset distribution charts can be found below:

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



Trail Blazer 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.

Trail Blazer Capital's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=1.145/1.168
=

Trail Blazer 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
=1.159/1.163
=

* 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.


Trail Blazer Capital  (TSXV:TBLZ.P) 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%.


Trail Blazer Capital Equity-to-Asset Related Terms

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


Trail Blazer Capital (TSXV:TBLZ.P) Business Description

Traded in Other Exchanges
N/A
Address
918 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Website
Trail Blazer Capital Corp is a blank check company.

Trail Blazer Capital (TSXV:TBLZ.P) Headlines

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