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Grindr (Grindr) Equity-to-Asset : -0.04 (As of Dec. 2023)


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What is Grindr Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grindr's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-18.3 Mil. Grindr's Total Assets for the quarter that ended in Dec. 2023 was $444.6 Mil. Therefore, Grindr's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.04.

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

GRND' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: -0.02   Max: 0.01
Current: -0.04

During the past 5 years, the highest Equity to Asset Ratio of Grindr was 0.01. The lowest was -0.04. And the median was -0.02.

GRND's Equity-to-Asset is ranked worse than
91.86% of 2849 companies
in the Software industry
Industry Median: 0.54 vs GRND: -0.04

Grindr Equity-to-Asset Historical Data

The historical data trend for Grindr'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.

Grindr Equity-to-Asset Chart

Grindr Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- -0.02 -0.01 0.01 -0.04

Grindr Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 -0.08 -0.04 -0.04 -0.04

Competitive Comparison of Grindr's Equity-to-Asset

For the Software - Application subindustry, Grindr'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.


Grindr's Equity-to-Asset Distribution in the Software Industry

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

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



Grindr 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.

Grindr'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
=-18.31/444.595
=-0.04

Grindr'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
=-18.31/444.595
=-0.04

* 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.


Grindr  (NYSE:GRND) 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%.


Grindr Equity-to-Asset Related Terms

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


Grindr (Grindr) Business Description

Traded in Other Exchanges
N/A
Address
750 N. San Vincente Boulevard, Suite RE 1400, PO Box 69176750, West Hollywood, CA, USA, 90069
Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.
Executives
George Arison director, officer: Chief Executive Officer 3727 LA DONNA AVENUE, PALO ALTO CA 94306
Zage George Raymond Iii director, 10 percent owner C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Kye Chen officer: Chief Accounting Officer C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069
Carman Wong other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Maggie Lower director 5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660
Gary I. Horowitz director 350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011
Daniel Brooks Baer director 1443 Q STREET NW, WASHINGTON DC 20009
Meghan Stabler director 4502 HARVEY PENICK DR, ROUND ROCK TX 78664
Austin J Balance officer: Chief Product Officer 750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069
Lu James Fu Bin director, 10 percent owner C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Ashish Gupta other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Gearon J Michael Jr director, 10 percent owner 3350 RIVERWOOD PARKWAY, SUITE 425, ATLANTA GA 30339
Ben Falloon other: Former Director of Grindr Inc. C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Vandana Mehta-krantz officer: Chief Financial Officer SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
David Christopher Ryan other: Former Director of Grindr Inc. C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401