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ZoomAway Technologies (ZoomAway Technologies) Equity-to-Asset : -185.37 (As of Sep. 2023)


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What is ZoomAway Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZoomAway Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-6.49 Mil. ZoomAway Technologies's Total Assets for the quarter that ended in Sep. 2023 was $0.04 Mil. Therefore, ZoomAway Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -185.37.

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

ZMWYF' s Equity-to-Asset Range Over the Past 10 Years
Min: -186.79   Med: -4.72   Max: 0.97
Current: -186.79

During the past 13 years, the highest Equity to Asset Ratio of ZoomAway Technologies was 0.97. The lowest was -186.79. And the median was -4.72.

ZMWYF's Equity-to-Asset is ranked worse than
99.76% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs ZMWYF: -186.79

ZoomAway Technologies Equity-to-Asset Historical Data

The historical data trend for ZoomAway Technologies'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.

ZoomAway Technologies Equity-to-Asset Chart

ZoomAway Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.92 -24.53 -1.52 -5.88 -81.58

ZoomAway Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -27.56 -81.58 -49.47 -76.48 -185.37

Competitive Comparison of ZoomAway Technologies's Equity-to-Asset

For the Travel Services subindustry, ZoomAway Technologies'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.


ZoomAway Technologies's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ZoomAway Technologies's Equity-to-Asset distribution charts can be found below:

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



ZoomAway Technologies 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.

ZoomAway Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-5.955/0.073
=-81.58

ZoomAway Technologies's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-6.488/0.035
=-185.37

* 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.


ZoomAway Technologies  (OTCPK:ZMWYF) 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%.


ZoomAway Technologies Equity-to-Asset Related Terms

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ZoomAway Technologies (ZoomAway Technologies) Business Description

Traded in Other Exchanges
Address
960 Matley Lane, No. 4, Reno, NV, USA, 89502
ZoomAway Technologies Inc is a technology company in the Hospitality and Travel Industries. It has developed a variety of software solutions that enhance the planning and engagement of everyday tourists. Its flagship project, ZoomedOUT, is a complete modernization and re-imagination of mobile travel apps. In a full 3D environment, it is able to integrate planning, booking, social media, and camaraderie into a tangibly rewarding experience.