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A2Z Smart Technologies (TSXV:AZ) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is A2Z Smart Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. A2Z Smart Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.34 Mil. A2Z Smart Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$11.43 Mil. Therefore, A2Z Smart Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

The historical rank and industry rank for A2Z Smart Technologies's Equity-to-Asset or its related term are showing as below:

TSXV:AZ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.28   Med: 0.35   Max: 0.97
Current: 0.29

During the past 6 years, the highest Equity to Asset Ratio of A2Z Smart Technologies was 0.97. The lowest was -0.28. And the median was 0.35.

TSXV:AZ's Equity-to-Asset is ranked worse than
71.15% of 312 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs TSXV:AZ: 0.29

A2Z Smart Technologies Equity-to-Asset Historical Data

The historical data trend for A2Z Smart Technologies'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.

A2Z Smart Technologies Equity-to-Asset Chart

A2Z Smart Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.17 -0.28 0.82 0.42 0.29

A2Z Smart Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.42 0.43 0.30 0.33 0.29

Competitive Comparison of A2Z Smart Technologies's Equity-to-Asset

For the Aerospace & Defense subindustry, A2Z Smart Technologies'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.


A2Z Smart Technologies's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, A2Z Smart Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where A2Z Smart Technologies's Equity-to-Asset falls into.



A2Z Smart Technologies 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.

A2Z Smart Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3.339/11.429
=0.29

A2Z Smart Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3.339/11.429
=0.29

* 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.


A2Z Smart Technologies  (TSXV:AZ) 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%.


A2Z Smart Technologies Equity-to-Asset Related Terms

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A2Z Smart Technologies (TSXV:AZ) Business Description

Traded in Other Exchanges
Address
559 Briar Hill Avenue, Toronto, ON, CAN, M5N 1N1
A2Z Smart Technologies Corp is a technology company in Israel providing products to the Israeli Defense and Security Forces, specializing in military unmanned robotics and state-of-the-art automation and electronics technology. The company commenced the development of two products for the automotive market. The first product is a capsule that can be placed in a fuel tank to prevent gas tank explosions. The second product under development is a vehicle cover device that will protect automobiles from extreme weather conditions while the vehicle is not in use. The company also provides maintenance services to both external and in-house complex electronic systems and products.