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VINZF (Vinanz) Equity-to-Asset : 0.96 (As of Feb. 2024)


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What is Vinanz Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vinanz's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $1.90 Mil. Vinanz's Total Assets for the quarter that ended in Feb. 2024 was $1.98 Mil. Therefore, Vinanz's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.96.

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

VINZF' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.9   Med: 0.88   Max: 0.96
Current: 0.96

During the past 1 years, the highest Equity to Asset Ratio of Vinanz was 0.96. The lowest was -1.90. And the median was 0.88.

VINZF's Equity-to-Asset is ranked better than
91.57% of 795 companies
in the Capital Markets industry
Industry Median: 0.53 vs VINZF: 0.96

Vinanz Equity-to-Asset Historical Data

The historical data trend for Vinanz'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.

Vinanz Equity-to-Asset Chart

Vinanz Annual Data
Trend Aug22
Equity-to-Asset
-1.92

Vinanz Semi-Annual Data
Aug22 Feb23 Aug23 Feb24
Equity-to-Asset -1.92 - 0.88 0.96

Competitive Comparison of Vinanz's Equity-to-Asset

For the Capital Markets subindustry, Vinanz'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.

Vinanz's Equity-to-Asset Distribution in the Capital Markets Industry

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

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


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Vinanz 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.

Vinanz's Equity to Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Equity to Asset (A: Aug. 2022 )=Total Stockholders Equity/Total Assets
=-0.046/0.024
=

Vinanz's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1.898/1.984
=0.96

* 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.

Vinanz  (OTCPK:VINZF) 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%.

Vinanz Equity-to-Asset Related Terms

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Vinanz Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vinanz Ltd (OTCPK:VINZF) » Definitions » Equity-to-Asset
Comparable Companies
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Traded in Other Exchanges
BTC:UK
Address
Wichhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG 1110
Website
https://www.vinanz.co.uk
Vinanz Ltd operates as a Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. The company focuses on the development of BTC cryptocurrency mining operations and an emerging class of powerful decentralised finance DeFI technologies. Together, cryptocurrencies and decentralised protocol technologies interoperate to create global decentralised financial services platforms. These platforms continue to enjoy rapid growth and are augmenting or replacing capabilities typically associated with traditional finance.