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Zimtu Capital (TSXV:ZC) Equity-to-Asset : 0.92 (As of Feb. 2024)


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What is Zimtu Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zimtu Capital's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$10.42 Mil. Zimtu Capital's Total Assets for the quarter that ended in Feb. 2024 was C$11.34 Mil. Therefore, Zimtu Capital's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.92.

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

TSXV:ZC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.85   Med: 0.93   Max: 0.97
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Zimtu Capital was 0.97. The lowest was 0.85. And the median was 0.93.

TSXV:ZC's Equity-to-Asset is ranked better than
65.68% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs TSXV:ZC: 0.92

Zimtu Capital Equity-to-Asset Historical Data

The historical data trend for Zimtu 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.

Zimtu Capital Equity-to-Asset Chart

Zimtu Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.91 0.97 0.87 0.92

Zimtu Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.87 0.94 0.93 0.92 0.92

Competitive Comparison of Zimtu Capital's Equity-to-Asset

For the Asset Management subindustry, Zimtu 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.


Zimtu Capital's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Zimtu 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.

Zimtu Capital's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=10.849/11.837
=0.92

Zimtu Capital's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=10.418/11.338
=0.92

* 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.


Zimtu Capital  (TSXV:ZC) 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%.


Zimtu Capital Equity-to-Asset Related Terms

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


Zimtu Capital (TSXV:ZC) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Zimtu Capital Corp is an investment company. It is engaged in the business of investments in junior resource companies, acquisitions and dispositions, and the provision of management services. The company's business is located in Canada. It derives revenue from investment in mineral properties and management services.
Executives
Sean Charland Director

Zimtu Capital (TSXV:ZC) Headlines

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