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17LIVE Group (SGX:LVR) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is 17LIVE Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 17LIVE Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was S$120.7 Mil. 17LIVE Group's Total Assets for the quarter that ended in Dec. 2023 was S$218.7 Mil. Therefore, 17LIVE Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

The historical rank and industry rank for 17LIVE Group's Equity-to-Asset or its related term are showing as below:

SGX:LVR' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.77   Med: -0.61   Max: 0.55
Current: 0.55

During the past 3 years, the highest Equity to Asset Ratio of 17LIVE Group was 0.55. The lowest was -1.77. And the median was -0.61.

SGX:LVR's Equity-to-Asset is ranked better than
51.09% of 2852 companies
in the Software industry
Industry Median: 0.55 vs SGX:LVR: 0.55

17LIVE Group Equity-to-Asset Historical Data

The historical data trend for 17LIVE Group'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.

17LIVE Group Equity-to-Asset Chart

17LIVE Group Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
- -1.77 0.55

17LIVE Group Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.15 -1.77 0.18 0.55

Competitive Comparison of 17LIVE Group's Equity-to-Asset

For the Software - Application subindustry, 17LIVE Group'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.


17LIVE Group's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, 17LIVE Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where 17LIVE Group's Equity-to-Asset falls into.



17LIVE Group 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.

17LIVE Group'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
=120.65/218.655
=0.55

17LIVE Group'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
=120.65/218.655
=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.


17LIVE Group  (SGX:LVR) 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%.


17LIVE Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of 17LIVE Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


17LIVE Group (SGX:LVR) Business Description

Traded in Other Exchanges
N/A
Address
250 North Bridge Road, No.11-01, Raffles City Tower, Singapore, SGP, 179101
17LIVE Group Ltd Formerly Vertex Technology Acquisition Corp Ltd is a special-purpose investment vehicle intended to provide public market investors with access to a value-creating business at a fast growth stage of its life cycle and at the forefront of technological transformation.

17LIVE Group (SGX:LVR) Headlines

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