Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zevia PBC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $89.9 Mil. Zevia PBC's Total Assets for the quarter that ended in Dec. 2023 was $90.9 Mil.
Therefore, Zevia PBC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.
The historical rank and industry rank for Zevia PBC's Equity-to-Asset or its related term are showing as below:
ZVIA'
s Equity-to-Asset Range Over the Past 10 Years
Min: -3.94 Med: 0.99 Max: 1.11
Current: 0.99
During the past 5 years, the highest Equity to Asset Ratio of Zevia PBC was 1.11. The lowest was -3.94. And the median was 0.99.
ZVIA's Equity-to-Asset is ranked better than 98.17% of 109
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.57
vs ZVIA: 0.99
Zevia PBC Equity-to-Asset Historical Data
The historical data trend for Zevia PBC'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.
Competitive Comparison of Zevia PBC's Equity-to-Asset
For the Beverages - Non-Alcoholic subindustry, Zevia PBC'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.
Zevia PBC's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Zevia PBC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zevia PBC's Equity-to-Asset falls into.
Zevia PBC 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.
Zevia PBC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Zevia PBC (NYSE:ZVIA) 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%.
Zevia PBC Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zevia PBC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero-sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of retailers in the food, drug, mass, natural, and e-commerce channels. It derives a majority of its revenue from the United States.
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