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Right Season Investments (TSXV:LITT) Equity-to-Asset : 0.84 (As of Dec. 2023)


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What is Right Season Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Right Season Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.33 Mil. Right Season Investments's Total Assets for the quarter that ended in Dec. 2023 was C$3.98 Mil. Therefore, Right Season Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

TSXV:LITT' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.26   Med: 0.68   Max: 0.99
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Right Season Investments was 0.99. The lowest was -2.26. And the median was 0.68.

TSXV:LITT's Equity-to-Asset is ranked better than
51.91% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs TSXV:LITT: 0.84

Right Season Investments Equity-to-Asset Historical Data

The historical data trend for Right Season Investments'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.

Right Season Investments Equity-to-Asset Chart

Right Season Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 -0.33 0.86 0.02 0.92

Right Season Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.91 0.94 0.92 0.90 0.84

Competitive Comparison of Right Season Investments's Equity-to-Asset

For the Asset Management subindustry, Right Season Investments'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.


Right Season Investments's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Right Season Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Right Season Investments's Equity-to-Asset falls into.



Right Season Investments 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.

Right Season Investments's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=6.911/7.525
=0.92

Right Season Investments'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
=3.333/3.983
=0.84

* 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.


Right Season Investments  (TSXV:LITT) 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%.


Right Season Investments Equity-to-Asset Related Terms

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


Right Season Investments (TSXV:LITT) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Right Season Investments Corp is a Canadian Venture Capital and Advisory Firm focused on investing growth capital in private and public companies in a broad range of sectors including fintech, education, natural resources, healthcare, and consumer retail services.