Zhibao Technology (Zhibao Technology) Equity-to-Asset : 0.25 (As of Jun. 2023)

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What is Zhibao Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zhibao Technology's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $4.39 Mil. Zhibao Technology's Total Assets for the quarter that ended in Jun. 2023 was $17.88 Mil. Therefore, Zhibao Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.25.

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

ZBAO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.2 Max: 0.25
Current: 0.25

During the past 3 years, the highest Equity to Asset Ratio of Zhibao Technology was 0.25. The lowest was -0.03. And the median was 0.20.

ZBAO's Equity-to-Asset is ranked better than
52.22% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs ZBAO: 0.25

Zhibao Technology Equity-to-Asset Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology Equity-to-Asset Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

-0.03

0.20

0.25

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	-0.03	-	0.20	0.08	0.25

Competitive Comparison of Zhibao Technology's Equity-to-Asset

For the Insurance Brokers subindustry, Zhibao Technology'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.

Zhibao Technology's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zhibao Technology's Equity-to-Asset distribution charts can be found below:

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

Zhibao Technology 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.

Zhibao Technology's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.392	/	17.879
	=	0.25

Zhibao Technology's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	4.392	/	17.879
	=	0.25

Zhibao Technology (NAS:ZBAO) 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%.

Zhibao Technology Equity-to-Asset Related Terms

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

Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

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