Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emmis Communications's Total Stockholders Equity for the quarter that ended in Feb. 2020 was $119.92 Mil. Emmis Communications's Total Assets for the quarter that ended in Feb. 2020 was $221.99 Mil.
Therefore, Emmis Communications's Equity to Asset Ratio for the quarter that ended in Feb. 2020 was 0.54.
The historical rank and industry rank for Emmis Communications's Equity-to-Asset or its related term are showing as below:
EMMSP.PFD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.4 Med: 0.18 Max: 0.59
Current: 0.54
During the past 13 years, the highest Equity to Asset Ratio of Emmis Communications was 0.59. The lowest was -0.40. And the median was 0.18.
EMMSP.PFD's Equity-to-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.52
vs EMMSP.PFD: 0.54
Emmis Communications Equity-to-Asset Historical Data
The historical data trend for Emmis Communications'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 Emmis Communications's Equity-to-Asset
For the Broadcasting subindustry, Emmis Communications'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.
Emmis Communications's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Emmis Communications's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Emmis Communications's Equity-to-Asset falls into.
Emmis Communications 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.
Emmis Communications's Equity to Asset Ratio for the fiscal year that ended in Feb. 2020 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.
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%.
Emmis Communications Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Emmis Communications's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Emmis Communications (Emmis Communications) Business Description
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
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