ZKGC New Energy (ZKGC New Energy) Equity-to-Asset : 0.22 (As of May. 2023)

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What is ZKGC New Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZKGC New Energy's Total Stockholders Equity for the quarter that ended in May. 2023 was $0.37 Mil. ZKGC New Energy's Total Assets for the quarter that ended in May. 2023 was $1.71 Mil. Therefore, ZKGC New Energy's Equity to Asset Ratio for the quarter that ended in May. 2023 was 0.22.

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

ZKGCF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.23 Max: 0.3
Current: 0.22

During the past 3 years, the highest Equity to Asset Ratio of ZKGC New Energy was 0.30. The lowest was 0.22. And the median was 0.23.

ZKGCF's Equity-to-Asset is ranked worse than
81.41% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs ZKGCF: 0.22

ZKGC New Energy Equity-to-Asset Historical Data

The historical data trend for ZKGC New Energy'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.

ZKGC New Energy Equity-to-Asset Chart

ZKGC New Energy Annual Data

Trend

May21

May22

May23

Equity-to-Asset

0.23

0.30

0.22

ZKGC New Energy Semi-Annual Data
	May21	May22	May23
Equity-to-Asset	0.23	0.30	0.22

Competitive Comparison of ZKGC New Energy's Equity-to-Asset

For the Specialty Retail subindustry, ZKGC New Energy'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.

ZKGC New Energy's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZKGC New Energy's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ZKGC New Energy's Equity-to-Asset falls into.

ZKGC New Energy 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.

ZKGC New Energy'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
	=	0.371	/	1.705
	=	0.22

ZKGC New Energy'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
	=	0.371	/	1.705
	=	0.22

ZKGC New Energy (OTCPK:ZKGCF) 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%.

ZKGC New Energy Equity-to-Asset Related Terms

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

ZKGC New Energy (ZKGC New Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKGC New Energy Ltd (OTCPK:ZKGCF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Xinxiangdi Jiari, Chengmai County, Hainan Province, Laocheng Town, Laocheng, CHN, 571924

Website

ZKGC New Energy Ltd is a builder, owner, operator, and manager of electric vehicle (EV) charging stations and a provider of EV charging equipment and networked EV charging services. The company offers residential and commercial EV charging equipment, enabling EV drivers to recharge at various location types. Its line of products and services is its Charging Cloud SAAS Platform, EV charging equipment, and EV charging services. The SAAS network provides property owners, managers, parking companies, and state and municipal entities with cloud-based services that enable the remote monitoring and management of EV charging stations. The SAAS network also provides EV drivers with vital station information, including station location, availability and fee payment.

Executives

Zhuowei Zhong	10 percent owner	5 JUMEI BIG STREET, XIAOLAN TOWN, ZHONGSHAN CITY, GUANGDONG PROVINCE F4 528415
Zhifei Huang	director, officer: Chief Financial Officer	3 FIVE ALLEY, DITANGKOU, PINGWANGGANGXIE, DATANG TOWN, SANSHUI DISTRICT, FOSHAN, GUANGDONG PROVINCE F4 528143
Zhuowen Chen	director, officer: Chief Executive Officer	401 BUILDING 23, JIANGPAN NEW RESIDENTIAL QUARTERS, ZHONGSHAN CITY, GUANGDONG PROV F4 528401
Zonghan Wu	director, officer: Secretary	46 REEVES ROAD, PAKURANGA, AUCKLAND Q2 2140
Jinqi Liao	10 percent owner	12 XINXIANGDI JIARI, LAOCHENG TOWN, CHENGMAI COUNTY, HAINAN PROVINCE F4 571924

ZKGC New Energy (ZKGC New Energy) Headlines

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