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Zip Co (FRA:YRRA) Equity-to-Asset : 0.13 (As of Jun. 2024)


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What is Zip Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zip Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €245.8 Mil. Zip Co's Total Assets for the quarter that ended in Jun. 2024 was €1,963.0 Mil. Therefore, Zip Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.13.

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

FRA:YRRA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.13   Max: 0.94
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Zip Co was 0.94. The lowest was 0.07. And the median was 0.13.

FRA:YRRA's Equity-to-Asset is ranked worse than
82.75% of 545 companies
in the Credit Services industry
Industry Median: 0.37 vs FRA:YRRA: 0.13

Zip Co Equity-to-Asset Historical Data

The historical data trend for Zip Co'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.

Zip Co Equity-to-Asset Chart

Zip Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.34 0.13 0.07 0.13

Zip Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.13 0.08 0.07 0.12 0.13

Competitive Comparison of Zip Co's Equity-to-Asset

For the Credit Services subindustry, Zip Co'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.


Zip Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Zip Co's Equity-to-Asset distribution charts can be found below:

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



Zip Co 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.

Zip Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=245.841/1963.028
=0.13

Zip Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=245.841/1963.028
=0.13

* 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.


Zip Co  (FRA:YRRA) 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%.


Zip Co Equity-to-Asset Related Terms

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


Zip Co Business Description

Traded in Other Exchanges
Address
126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000
Zip Co Ltd is a diversified finance provider, offering consumer financing via a line of credit (via Zip Pay and Zip Money) and instalment-based finance (via QuadPay, Spotii, Twisto, and PayFlex); as well as lending to small to midsize enterprises (via Zip Business). Zip's fortunes are largely tied to the buy now, pay later, or BNPL, industry. Majority of its products-Zip Pay, QuadPay (Zip U.S.), and PayFlex-do not charge interest based on outstanding balances. The company provides services in four countries around the world, Australia and New Zealand (ANZ), the United States, and Canada (Americas). The company's segments include ANZ, Americas, and Corporate.

Zip Co Headlines

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