Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zinc Media Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £5.78 Mil. Zinc Media Group's Total Assets for the quarter that ended in Dec. 2023 was £24.34 Mil.
Therefore, Zinc Media Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.
The historical rank and industry rank for Zinc Media Group's Equity-to-Asset or its related term are showing as below:
LSE:ZIN'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.19 Med: 0.24 Max: 0.32
Current: 0.24
During the past 13 years, the highest Equity to Asset Ratio of Zinc Media Group was 0.32. The lowest was -0.19. And the median was 0.24.
LSE:ZIN's Equity-to-Asset is ranked worse than 79.13% of 1059
companies
in the Media - Diversified industry
Industry Median: 0.52
vs LSE:ZIN: 0.24
Zinc Media Group Equity-to-Asset Historical Data
The historical data trend for Zinc Media Group'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 Zinc Media Group's Equity-to-Asset
For the Entertainment subindustry, Zinc Media Group'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.
Zinc Media Group's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Zinc Media Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zinc Media Group's Equity-to-Asset falls into.
Zinc Media Group 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.
Zinc Media Group'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.
Zinc Media Group (LSE:ZIN) 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%.
Zinc Media Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zinc Media Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zinc Media Group PLC is a multimedia producer of TV programming with publishing and communications content. The activities undertaken by the TV segment include the production of television content. The Content Production segment includes brand and corporate film production, radio and podcast production and publishing. The majority of its revenue is earned from TV production. The Group comprises twelve businesses that operate in two areas: television production (Tern TV, Brook Lapping, Red Sauce, Supercollider, Rex, Bumblebee and Atomic TV) and content production for brands and businesses (The Edge and the Zinc Communicate businesses in Brand Entertainment, Audio, Corporate Film and Publishing). Geographically, the majority is from the United Kingdom.
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