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Bow Lake Capital (TSXV:BLCC.P) Equity-to-Asset : 0.99 (As of Mar. 2024)


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What is Bow Lake Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bow Lake Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.44 Mil. Bow Lake Capital's Total Assets for the quarter that ended in Mar. 2024 was C$0.45 Mil.

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

TSXV:BLCC.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92   Med: 0.99   Max: 1
Current: 0.99

During the past 3 years, the highest Equity to Asset Ratio of Bow Lake Capital was 1.00. The lowest was 0.92. And the median was 0.99.

TSXV:BLCC.P's Equity-to-Asset is ranked better than
97.08% of 616 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs TSXV:BLCC.P: 0.99

Bow Lake Capital Equity-to-Asset Historical Data

The historical data trend for Bow Lake 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.

Bow Lake Capital Equity-to-Asset Chart

Bow Lake Capital Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.92 0.99 0.99

Bow Lake Capital Quarterly Data
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 0.98 0.96 1.00 0.99 0.99

Competitive Comparison of Bow Lake Capital's Equity-to-Asset

For the Shell Companies subindustry, Bow Lake 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.


Bow Lake Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Bow Lake 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.

Bow Lake 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
=0.448/0.454
=

Bow Lake 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
=0.442/0.445
=

* 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.


Bow Lake Capital  (TSXV:BLCC.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%.


Bow Lake Capital Equity-to-Asset Related Terms

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


Bow Lake Capital (TSXV:BLCC.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
400 - 5th Avenue SW, 300 Roslyn Building, Calgary, AB, CAN, T2P 0L6
Website
Bow Lake Capital Corp is a capital pool company.

Bow Lake Capital (TSXV:BLCC.P) Headlines

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