Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zayo Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $1,476 Mil. Zayo Group Holdings's Total Assets for the quarter that ended in Dec. 2019 was $9,961 Mil.
Therefore, Zayo Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2019 was 0.15.
The historical rank and industry rank for Zayo Group Holdings's Equity-to-Asset or its related term are showing as below:
ZAYO's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57 * Ranked among companies with meaningful Equity-to-Asset only.
Zayo Group Holdings Equity-to-Asset Historical Data
The historical data trend for Zayo Group Holdings'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.
Competitive Comparison of Zayo Group Holdings's Equity-to-Asset
For the Communication Equipment subindustry, Zayo Group Holdings'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.
Zayo Group Holdings's Equity-to-Asset Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Zayo Group Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zayo Group Holdings's Equity-to-Asset falls into.
Zayo Group Holdings 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.
Zayo Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as
* 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.
Zayo Group Holdings (NYSE:ZAYO) 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%.
Zayo Group Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zayo Group Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zayo Group Holdings (Zayo Group Holdings) Business Description
Zayo owns about 130,000 route miles of fiber, which underlies most of its business and is in over 400 markets throughout the U.S., Canada, and Europe. In its biggest segment, Fiber Solutions, Zayo leases dark fiber on long-term contracts primarily to communications service providers. In its Transport and Enterprise Networks segments, Zayo similarly leases fiber to customers to transport data, but it has a range of offerings over fiber that Zayo has lit, saving customers from having to activate and customize it themselves. Zayo also operates 50 U.S. data centers, provides cloud services, and owns a small Canadian telecom company, Allstream, that serves business customers. In 2018, Zayo announced its intention to split its business into two companies by the end of 2019.
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