GV (Visionary Holdings) Equity-to-Asset : 0.15 (As of Sep. 2024)

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What is Visionary Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Visionary Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $13.36 Mil. Visionary Holdings's Total Assets for the quarter that ended in Sep. 2024 was $86.65 Mil. Therefore, Visionary Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.15.

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

GV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05 Med: 0.14 Max: 0.25
Current: 0.15

During the past 5 years, the highest Equity to Asset Ratio of Visionary Holdings was 0.25. The lowest was 0.05. And the median was 0.14.

GV's Equity-to-Asset is ranked worse than
89.71% of 272 companies
in the Education industry
Industry Median: 0.545 vs GV: 0.15

Visionary Holdings Equity-to-Asset Historical Data

The historical data trend for Visionary 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.

* Premium members only.

Visionary Holdings Equity-to-Asset Chart

Visionary Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.05

0.25

0.10

0.13

0.20

Visionary Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial					0.14	0.13	0.23	0.20	0.15

Competitive Comparison of Visionary Holdings's Equity-to-Asset

For the Education & Training Services subindustry, Visionary 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.

Visionary Holdings's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Visionary Holdings's Equity-to-Asset distribution charts can be found below:

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

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Visionary 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.

Visionary Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	17.762	/	87.86
	=	0.20

Visionary Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	13.363	/	86.648
	=	0.15

Visionary Holdings (NAS:GV) 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%.

Visionary Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Visionary Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Visionary Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2

Website

https://www.visiongroupca.com

Visionary Holdings Inc is a private education providing company located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education resources to students around the globe. The company aims to provide access to secondary, college, undergraduate and graduate, and vocational education to students in Canada through technological innovation so that more people can learn, grow, and succeed to their full potential. As a fully integrated provider of educational programs and services in Canada, the company has been serving and will continue to serve both Canadian and international students.