Embark Early Education (NZSE:EVO) Equity-to-Asset : 0.49 (As of Dec. 2023)

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What is Embark Early Education Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Embark Early Education's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$78.32 Mil. Embark Early Education's Total Assets for the quarter that ended in Dec. 2023 was NZ$160.75 Mil. Therefore, Embark Early Education's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

NZSE:EVO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.49 Max: 0.75
Current: 0.49

During the past 8 years, the highest Equity to Asset Ratio of Embark Early Education was 0.75. The lowest was 0.31. And the median was 0.49.

NZSE:EVO's Equity-to-Asset is ranked worse than
53.93% of 267 companies
in the Education industry
Industry Median: 0.52 vs NZSE:EVO: 0.49

Embark Early Education Equity-to-Asset Historical Data

The historical data trend for Embark Early Education'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.

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Embark Early Education Equity-to-Asset Chart

Embark Early Education Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.38

0.31

0.49

Embark Early Education Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.31	0.33	0.49	0.50	0.49

Competitive Comparison of Embark Early Education's Equity-to-Asset

For the Education & Training Services subindustry, Embark Early Education'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.

Embark Early Education's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Embark Early Education's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Embark Early Education's Equity-to-Asset falls into.

Embark Early Education 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.

Embark Early Education'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
	=	78.315	/	160.75
	=	0.49

Embark Early Education's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	78.315	/	160.75
	=	0.49

Embark Early Education (NZSE:EVO) 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%.

Embark Early Education Equity-to-Asset Related Terms

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

Embark Early Education (NZSE:EVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Embark Early Education Ltd (NZSE:EVO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

EVO:Australia

Address

120-122 Siganto Drive, Suite 102, Level 1, M1 Connect Business Hub, Helensvale, Gold Coast, QLD, AUS, 4212

Website

https://www.embarkeducation.com.au

Embark Early Education Ltd is a company that is engaged in the provision and management of an early childhood education service that gives parents and caregivers the option of which service suits their child's learning and care needs. The Group reports operating segments by geographical location, namely New Zealand and Australia. The majority of revenue is from the New Zealand segment. The principal activities of the Company include the management of high-quality early childhood education centres.