The historical rank and industry rank for Zhanling International's Equity-to-Asset or its related term are showing as below:
ZLME'
s Equity-to-Asset Range Over the Past 10 Years
Min: -193 Med: -52 Max: -12
Current: -41
During the past 13 years, the highest Equity to Asset Ratio of Zhanling International was -12.00. The lowest was -193.00. And the median was -52.00.
ZLME's Equity-to-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.81
vs ZLME: -41.00
Zhanling International Equity-to-Asset Historical Data
The historical data trend for Zhanling International'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 Zhanling International's Equity-to-Asset
For the Shell Companies subindustry, Zhanling International'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.
Zhanling International's Equity-to-Asset Distribution in the Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Zhanling International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zhanling International's Equity-to-Asset falls into.
Zhanling International 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.
Zhanling International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
Zhanling International (OTCPK:ZLME) 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%.
Zhanling International Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zhanling International's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhanling International (Zhanling International) Business Description
Zhanling International Ltd is an investment company and plans to acquire companies in large consumption platforms in China. The company's sole purpose is to target and complete a merger or acquisition with a private entity. It intends to acquire assets or shares of an entity actively engaged in the profitable business of a large consumption platform, in exchange for the company's securities.
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