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Eat & Beyond Global Holdings (XCNQ:EATS) Equity-to-Asset : 0.55 (As of Jan. 2024)


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What is Eat & Beyond Global Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eat & Beyond Global Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$1.51 Mil. Eat & Beyond Global Holdings's Total Assets for the quarter that ended in Jan. 2024 was C$2.75 Mil. Therefore, Eat & Beyond Global Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.55.

The historical rank and industry rank for Eat & Beyond Global Holdings's Equity-to-Asset or its related term are showing as below:

XCNQ:EATS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.9   Max: 1
Current: 0.55

During the past 4 years, the highest Equity to Asset Ratio of Eat & Beyond Global Holdings was 1.00. The lowest was 0.50. And the median was 0.90.

XCNQ:EATS's Equity-to-Asset is ranked worse than
79.87% of 1714 companies
in the Asset Management industry
Industry Median: 0.83 vs XCNQ:EATS: 0.55

Eat & Beyond Global Holdings Equity-to-Asset Historical Data

The historical data trend for Eat & Beyond Global Holdings'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.

Eat & Beyond Global Holdings Equity-to-Asset Chart

Eat & Beyond Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Jul23
Equity-to-Asset
1.00 0.97 0.90 0.58

Eat & Beyond Global Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.55 0.50 0.58 0.65 0.55

Competitive Comparison of Eat & Beyond Global Holdings's Equity-to-Asset

For the Asset Management subindustry, Eat & Beyond Global Holdings'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.


Eat & Beyond Global Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eat & Beyond Global Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Eat & Beyond Global Holdings's Equity-to-Asset falls into.



Eat & Beyond Global Holdings 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.

Eat & Beyond Global Holdings's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=1.636/2.842
=0.58

Eat & Beyond Global Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=1.512/2.747
=0.55

* 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.


Eat & Beyond Global Holdings  (XCNQ:EATS) 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%.


Eat & Beyond Global Holdings Equity-to-Asset Related Terms

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Eat & Beyond Global Holdings (XCNQ:EATS) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1060, Guiness Tower, Vancouver, BC, CAN, V6Z 2E9
Eat & Beyond Global Holdings Inc focuses on investments in the plant-based protein and meat alternative food industry. Its investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities.

Eat & Beyond Global Holdings (XCNQ:EATS) Headlines

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