Thumzup Media (Thumzup Media) Equity-to-Asset : 0.84 (As of Dec. 2023)

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What is Thumzup Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thumzup Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.35 Mil. Thumzup Media's Total Assets for the quarter that ended in Dec. 2023 was $0.42 Mil.

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

TZUP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.03 Med: 0.55 Max: 0.84
Current: 0.84

During the past 4 years, the highest Equity to Asset Ratio of Thumzup Media was 0.84. The lowest was -0.03. And the median was 0.55.

TZUP's Equity-to-Asset is ranked better than
91.23% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TZUP: 0.84

Thumzup Media Equity-to-Asset Historical Data

The historical data trend for Thumzup Media'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.

Thumzup Media Equity-to-Asset Chart

Thumzup Media Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

-0.03

0.42

0.68

0.84

Thumzup Media Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.68	0.88	-0.44	0.50	0.84

Competitive Comparison of Thumzup Media's Equity-to-Asset

For the Advertising Agencies subindustry, Thumzup Media'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.

Thumzup Media's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Thumzup Media's Equity-to-Asset distribution charts can be found below:

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

Thumzup Media 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.

Thumzup Media'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
	=	0.349	/	0.415
	=	0.84

Thumzup Media'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
	=	0.349	/	0.415
	=

Thumzup Media (OTCPK:TZUP) 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%.

Thumzup Media Equity-to-Asset Related Terms

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Thumzup Media (Thumzup Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Thumzup Media Corp (OTCPK:TZUP) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11845 West Olympic Boulevard, Suite 1100W No. 13, Los Angeles, CA, USA, 90064

Website

https://www.thumzupmedia.com

Thumzup Media Corp operates in the social media branding and marketing industry. The company operates in a single business segment which is social media marketing. The Thumzup App works on both iPhone and Android mobile operating systems and connects brands and people who use and love these brands. The easy-to-use dashboard allows advertisers to programmatically customize their campaigns. Cash payments are made to App users/creators through Venmo and PayPal.