EpicQuest Education Group International (EpicQuest Education Group International) Equity-to-Asset : 0.48 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is EpicQuest Education Group International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EpicQuest Education Group International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $9.14 Mil. EpicQuest Education Group International's Total Assets for the quarter that ended in Sep. 2023 was $19.21 Mil. Therefore, EpicQuest Education Group International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.48.

The historical rank and industry rank for EpicQuest Education Group International's Equity-to-Asset or its related term are showing as below:

EEIQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.5 Max: 0.63
Current: 0.48

During the past 6 years, the highest Equity to Asset Ratio of EpicQuest Education Group International was 0.63. The lowest was 0.41. And the median was 0.50.

EEIQ's Equity-to-Asset is ranked worse than
54.68% of 267 companies
in the Education industry
Industry Median: 0.52 vs EEIQ: 0.48

EpicQuest Education Group International Equity-to-Asset Historical Data

The historical data trend for EpicQuest Education Group 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.

* Premium members only.

EpicQuest Education Group International Equity-to-Asset Chart

EpicQuest Education Group International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

Get a 7-Day Free Trial

0.44

0.53

0.62

0.63

0.48

EpicQuest Education Group International Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial						0.62	0.62	0.63	0.59	0.48

Competitive Comparison of EpicQuest Education Group International's Equity-to-Asset

For the Education & Training Services subindustry, EpicQuest Education Group 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.

EpicQuest Education Group International's Equity-to-Asset Distribution in the Education Industry

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

* The bar in red indicates where EpicQuest Education Group International's Equity-to-Asset falls into.

EpicQuest Education Group 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.

EpicQuest Education Group International's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	9.143	/	19.209
	=	0.48

EpicQuest Education Group International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	9.143	/	19.209
	=	0.48

EpicQuest Education Group International (NAS:EEIQ) 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%.

EpicQuest Education Group International Equity-to-Asset Related Terms

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

EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EpicQuest Education Group International Ltd (NAS:EEIQ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 North University Boulevard, Middletown, OH, USA, 45042

Website

https://www.epicquesteducation.com

EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.