Impact Development Group (TSXV:IMPT) Equity-to-Asset : -0.62 (As of Jun. 2023)

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What is Impact Development Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Impact Development Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was C$-24.56 Mil. Impact Development Group's Total Assets for the quarter that ended in Jun. 2023 was C$39.43 Mil. Therefore, Impact Development Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -0.62.

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

TSXV:IMPT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.62 Med: -0.14 Max: 0.17
Current: -0.62

During the past 4 years, the highest Equity to Asset Ratio of Impact Development Group was 0.17. The lowest was -0.62. And the median was -0.14.

TSXV:IMPT's Equity-to-Asset is ranked worse than
98.47% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs TSXV:IMPT: -0.62

Impact Development Group Equity-to-Asset Historical Data

The historical data trend for Impact Development Group'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.

Impact Development Group Equity-to-Asset Chart

Impact Development Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

0.17

0.05

-0.14

-0.54

Impact Development Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Equity-to-Asset	Get a 7-Day Free Trial			0.05	-0.14	-	-0.54	-0.62

Competitive Comparison of Impact Development Group's Equity-to-Asset

For the Real Estate - Development subindustry, Impact Development Group'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.

Impact Development Group's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Impact Development Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Impact Development Group's Equity-to-Asset falls into.

Impact Development Group 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.

Impact Development Group'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
	=	-20.88	/	38.7
	=	-0.54

Impact Development Group'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
	=	-24.564	/	39.426
	=	-0.62

Impact Development Group (TSXV:IMPT) 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%.

Impact Development Group Equity-to-Asset Related Terms

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

Impact Development Group (TSXV:IMPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Impact Development Group Inc (TSXV:IMPT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN

Website

https://www.ihcpanama.com

Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

Impact Development Group (TSXV:IMPT) Headlines

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