Alliance Entertainment Holding (Alliance Entertainment Holding) Equity-to-Asset : 0.21 (As of Dec. 2023)

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What is Alliance Entertainment Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alliance Entertainment Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $89 Mil. Alliance Entertainment Holding's Total Assets for the quarter that ended in Dec. 2023 was $428 Mil. Therefore, Alliance Entertainment Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

AENT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.21 Max: 0.96
Current: 0.21

During the past 4 years, the highest Equity to Asset Ratio of Alliance Entertainment Holding was 0.96. The lowest was 0.19. And the median was 0.21.

AENT's Equity-to-Asset is ranked worse than
80.74% of 1059 companies
in the Media - Diversified industry
Industry Median: 0.52 vs AENT: 0.21

Alliance Entertainment Holding Equity-to-Asset Historical Data

The historical data trend for Alliance Entertainment Holding'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.

Alliance Entertainment Holding Equity-to-Asset Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.21

0.23

0.20

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.19	0.22	0.20	0.20	0.21

Competitive Comparison of Alliance Entertainment Holding's Equity-to-Asset

For the Entertainment subindustry, Alliance Entertainment Holding'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.

Alliance Entertainment Holding's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alliance Entertainment Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Alliance Entertainment Holding's Equity-to-Asset falls into.

Alliance Entertainment Holding 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.

Alliance Entertainment Holding's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	79.534	/	389.53
	=	0.20

Alliance Entertainment Holding'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
	=	88.502	/	428.015
	=	0.21

Alliance Entertainment Holding (NAS:AENT) 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%.

Alliance Entertainment Holding Equity-to-Asset Related Terms

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

Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.