The historical rank and industry rank for Flutter Entertainment's Equity-to-Asset or its related term are showing as below:
DUB:FLTR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12 Med: 0.63 Max: 0.89
Current: 0.41
During the past 13 years, the highest Equity to Asset Ratio of Flutter Entertainment was 0.89. The lowest was 0.12. And the median was 0.63.
DUB:FLTR's Equity-to-Asset is ranked worse than 57.01% of 842
companies
in the Travel & Leisure industry
Industry Median: 0.47
vs DUB:FLTR: 0.41
Flutter Entertainment Equity-to-Asset Historical Data
The historical data trend for Flutter Entertainment'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 Flutter Entertainment's Equity-to-Asset
For the Gambling subindustry, Flutter Entertainment'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.
Flutter Entertainment's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Flutter Entertainment's Equity-to-Asset falls into.
Flutter Entertainment 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.
Flutter Entertainment'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.
Flutter Entertainment (DUB:FLTR) 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%.
Flutter Entertainment Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Flutter Entertainment's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Flutter Entertainment (DUB:FLTR) Business Description
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.
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