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Zimtu Capital (TSXV:ZC) Liabilities-to-Assets : 0.08 (As of Feb. 2024)


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What is Zimtu Capital Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Zimtu Capital's Total Liabilities for the quarter that ended in Feb. 2024 was C$0.92 Mil. Zimtu Capital's Total Assets for the quarter that ended in Feb. 2024 was C$11.34 Mil. Therefore, Zimtu Capital's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 was 0.08.


Zimtu Capital Liabilities-to-Assets Historical Data

The historical data trend for Zimtu Capital's Liabilities-to-Assets 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.

Zimtu Capital Liabilities-to-Assets Chart

Zimtu Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.09 0.03 0.13 0.08

Zimtu Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.06 0.07 0.08 0.08

Competitive Comparison of Zimtu Capital's Liabilities-to-Assets

For the Asset Management subindustry, Zimtu Capital's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Zimtu Capital's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Zimtu Capital's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Zimtu Capital's Liabilities-to-Assets falls into.



Zimtu Capital Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Zimtu Capital's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=0.988/11.837
=0.08

Zimtu Capital's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2024 is calculated as

Liabilities-to-Assets (Q: Feb. 2024 )=Total Liabilities/Total Assets
=0.92/11.338
=0.08

* 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.


Zimtu Capital  (TSXV:ZC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Zimtu Capital Liabilities-to-Assets Related Terms

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Zimtu Capital (TSXV:ZC) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2
Zimtu Capital Corp is an investment company. It is engaged in the business of investments in junior resource companies, acquisitions and dispositions, and the provision of management services. The company's business is located in Canada. It derives revenue from investment in mineral properties and management services.
Executives
Sean Charland Director

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