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BGSF (BGSF) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is BGSF Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BGSF's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $83.6 Mil. BGSF's Total Assets for the quarter that ended in Mar. 2024 was $170.6 Mil. Therefore, BGSF's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

BGSF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.5   Max: 0.66
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of BGSF was 0.66. The lowest was 0.31. And the median was 0.50.

BGSF's Equity-to-Asset is ranked worse than
51.7% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs BGSF: 0.48

BGSF Equity-to-Asset Historical Data

The historical data trend for BGSF'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.

BGSF Equity-to-Asset Chart

BGSF Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.50 0.52 0.52 0.48

BGSF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.46 0.47 0.48 0.49

Competitive Comparison of BGSF's Equity-to-Asset

For the Staffing & Employment Services subindustry, BGSF'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.


BGSF's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BGSF's Equity-to-Asset distribution charts can be found below:

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



BGSF 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.

BGSF'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
=85.536/178.517
=0.48

BGSF's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=83.553/170.552
=0.49

* 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.


BGSF  (NYSE:BGSF) 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%.


BGSF Equity-to-Asset Related Terms

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


BGSF (BGSF) Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.
Executives
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024

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