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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Equity-to-Asset : -0.41 (As of Mar. 2024)


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What is ZEEKR Intelligent Technology Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZEEKR Intelligent Technology Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-1,623 Mil. ZEEKR Intelligent Technology Holding's Total Assets for the quarter that ended in Mar. 2024 was $3,962 Mil. Therefore, ZEEKR Intelligent Technology Holding's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.41.

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

ZK' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.41   Med: -0.25   Max: 0.45
Current: -0.41

During the past 4 years, the highest Equity to Asset Ratio of ZEEKR Intelligent Technology Holding was 0.45. The lowest was -0.41. And the median was -0.25.

ZK's Equity-to-Asset is ranked worse than
97.88% of 1320 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ZK: -0.41

ZEEKR Intelligent Technology Holding Equity-to-Asset Historical Data

The historical data trend for ZEEKR Intelligent Technology Holding'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.

ZEEKR Intelligent Technology Holding Equity-to-Asset Chart

ZEEKR Intelligent Technology Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.45 0.03 -0.35 -0.36

ZEEKR Intelligent Technology Holding Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 - -0.25 -0.36 -0.41

Competitive Comparison of ZEEKR Intelligent Technology Holding's Equity-to-Asset

For the Auto Manufacturers subindustry, ZEEKR Intelligent Technology Holding'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.


ZEEKR Intelligent Technology Holding's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZEEKR Intelligent Technology Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ZEEKR Intelligent Technology Holding's Equity-to-Asset falls into.



ZEEKR Intelligent Technology Holding 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.

ZEEKR Intelligent Technology Holding'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
=-1348.896/3797.863
=-0.36

ZEEKR Intelligent Technology Holding'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
=-1622.682/3961.68
=-0.41

* 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.


ZEEKR Intelligent Technology Holding  (NYSE:ZK) 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%.


ZEEKR Intelligent Technology Holding Equity-to-Asset Related Terms

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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1388 Minshan Road, Xinqi Street, Beilun District, Zhejiang, Ningbo, CHN
ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.

ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Headlines