Zenova Group (LSE:ZED) Equity-to-Asset : 0.88 (As of May. 2023)

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

What is Zenova Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zenova Group's Total Stockholders Equity for the quarter that ended in May. 2023 was £2.59 Mil. Zenova Group's Total Assets for the quarter that ended in May. 2023 was £2.95 Mil. Therefore, Zenova Group's Equity to Asset Ratio for the quarter that ended in May. 2023 was 0.88.

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

LSE:ZED' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.92 Max: 0.94
Current: 0.88

During the past 3 years, the highest Equity to Asset Ratio of Zenova Group was 0.94. The lowest was 0.88. And the median was 0.92.

LSE:ZED's Equity-to-Asset is ranked better than
93.01% of 1574 companies
in the Chemicals industry
Industry Median: 0.59 vs LSE:ZED: 0.88

Zenova Group Equity-to-Asset Historical Data

The historical data trend for Zenova 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.

* Premium members only.

Zenova Group Equity-to-Asset Chart

Zenova Group Annual Data

Trend

Nov20

Nov21

Nov22

Equity-to-Asset

-0.28

0.94

0.90

Zenova Group Semi-Annual Data
	May21	Nov21	May22	Nov22	May23
Equity-to-Asset	-	0.94	0.94	0.90	0.88

Competitive Comparison of Zenova Group's Equity-to-Asset

For the Specialty Chemicals subindustry, Zenova 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.

Zenova Group's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zenova Group's Equity-to-Asset distribution charts can be found below:

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

Zenova 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.

Zenova Group's Equity to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Equity to Asset (A: Nov. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	3.245	/	3.599
	=	0.90

Zenova Group's Equity to Asset Ratio for the quarter that ended in May. 2023 is calculated as

Equity to Asset (Q: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2.587	/	2.95
	=	0.88

Zenova Group (LSE:ZED) 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%.

Zenova Group Equity-to-Asset Related Terms

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

Zenova Group (LSE:ZED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zenova Group PLC (LSE:ZED) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

172 Arlington Road, London, GBR, NW1 7HL

Website

https://www.zenovagroup.com

Zenova Group PLC is engaged in the development, manufacture and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.

Zenova Group (LSE:ZED) Headlines

No Headlines