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Seven Oaks Capital (TSXV:SEVN.P) Equity-to-Asset : 0.94 (As of Mar. 2024)


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What is Seven Oaks Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seven Oaks Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.50 Mil. Seven Oaks Capital's Total Assets for the quarter that ended in Mar. 2024 was C$0.53 Mil.

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

TSXV:SEVN.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.96   Max: 1
Current: 0.94

During the past 3 years, the highest Equity to Asset Ratio of Seven Oaks Capital was 1.00. The lowest was 0.74. And the median was 0.96.

TSXV:SEVN.P's Equity-to-Asset is ranked better than
76.48% of 625 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs TSXV:SEVN.P: 0.94

Seven Oaks Capital Equity-to-Asset Historical Data

The historical data trend for Seven Oaks 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.

Seven Oaks Capital Equity-to-Asset Chart

Seven Oaks Capital Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.81 0.84 0.96

Seven Oaks Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 1.00 1.00 0.96 0.94

Competitive Comparison of Seven Oaks Capital's Equity-to-Asset

For the Shell Companies subindustry, Seven Oaks 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.


Seven Oaks Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Seven Oaks 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.

Seven Oaks 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
=0.513/0.536
=

Seven Oaks Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=0.498/0.53
=

* 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.


Seven Oaks Capital  (TSXV:SEVN.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%.


Seven Oaks Capital Equity-to-Asset Related Terms

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


Seven Oaks Capital (TSXV:SEVN.P) Business Description

Traded in Other Exchanges
N/A
Address
8 King Street East, Suite 1712, Toronto, ON, CAN, M5C 1B5
Seven Oaks Capital Corp is a capital pool company. The principal business of the Corporation is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (QT).

Seven Oaks Capital (TSXV:SEVN.P) Headlines

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