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Zimtu Capital (TSXV:ZC) Debt-to-Equity : 0.05 (As of Feb. 2024)


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What is Zimtu Capital Debt-to-Equity?

Zimtu Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.19 Mil. Zimtu Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.32 Mil. Zimtu Capital's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$10.42 Mil. Zimtu Capital's debt to equity for the quarter that ended in Feb. 2024 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zimtu Capital's Debt-to-Equity or its related term are showing as below:

TSXV:ZC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.09
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Zimtu Capital was 0.09. The lowest was 0.01. And the median was 0.01.

TSXV:ZC's Debt-to-Equity is ranked better than
83.56% of 1016 companies
in the Asset Management industry
Industry Median: 0.19 vs TSXV:ZC: 0.05

Zimtu Capital Debt-to-Equity Historical Data

The historical data trend for Zimtu Capital's Debt-to-Equity 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 Debt-to-Equity Chart

Zimtu Capital Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.03 0.05

Zimtu Capital Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-Equity 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 0.02 0.02 0.02 0.05 0.05

Competitive Comparison of Zimtu Capital's Debt-to-Equity

For the Asset Management subindustry, Zimtu Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Asset Management Industry

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

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



Zimtu Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zimtu Capital's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Zimtu Capital's Debt to Equity Ratio for the quarter that ended in Feb. 2024 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.


Zimtu Capital  (TSXV:ZC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Zimtu Capital Debt-to-Equity Related Terms

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


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

Zimtu Capital (TSXV:ZC) Headlines

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