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Quizam Media (XCNQ:QQ) Equity-to-Asset : -0.29 (As of Feb. 2024)


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What is Quizam Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Quizam Media's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$-0.61 Mil. Quizam Media's Total Assets for the quarter that ended in Feb. 2024 was C$2.09 Mil. Therefore, Quizam Media's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was -0.29.

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

XCNQ:QQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.98   Med: -0.22   Max: 0.89
Current: -0.29

During the past 13 years, the highest Equity to Asset Ratio of Quizam Media was 0.89. The lowest was -2.98. And the median was -0.22.

XCNQ:QQ's Equity-to-Asset is ranked worse than
94.3% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs XCNQ:QQ: -0.29

Quizam Media Equity-to-Asset Historical Data

The historical data trend for Quizam 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.

Quizam Media Equity-to-Asset Chart

Quizam Media Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.83 0.40 -0.12 -0.16

Quizam Media Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.13 -0.16 -0.21 -0.29 -0.29

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

For the Internet Content & Information subindustry, Quizam 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.


Quizam Media's Equity-to-Asset Distribution in the Interactive Media Industry

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

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



Quizam 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.

Quizam Media's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=-0.404/2.499
=-0.16

Quizam Media's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=-0.607/2.087
=-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.


Quizam Media  (XCNQ:QQ) 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%.


Quizam Media Equity-to-Asset Related Terms

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Quizam Media (XCNQ:QQ) Business Description

Traded in Other Exchanges
N/A
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. It produces and acquires content for both entertainment and corporate education. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.

Quizam Media (XCNQ:QQ) Headlines

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