Alta Global Group (Alta Global Group) Equity-to-Asset : -4.31 (As of Jun. 2023)

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What is Alta Global Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alta Global Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-20.90 Mil. Alta Global Group's Total Assets for the quarter that ended in Jun. 2023 was $4.85 Mil. Therefore, Alta Global Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -4.31.

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

MMA' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.31 Med: -4.21 Max: -4.12
Current: -4.31

During the past 2 years, the highest Equity to Asset Ratio of Alta Global Group was -4.12. The lowest was -4.31. And the median was -4.21.

MMA's Equity-to-Asset is ranked worse than
99.17% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.485 vs MMA: -4.31

Alta Global Group Equity-to-Asset Historical Data

The historical data trend for Alta Global Group'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.

Alta Global Group Equity-to-Asset Chart

Alta Global Group Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

-4.12

-4.31

Alta Global Group Semi-Annual Data
	Jun22	Jun23
Equity-to-Asset	-4.12	-4.31

Competitive Comparison of Alta Global Group's Equity-to-Asset

For the Leisure subindustry, Alta Global Group'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.

Alta Global Group's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Alta Global Group's Equity-to-Asset distribution charts can be found below:

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

Alta Global Group 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.

Alta Global Group'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
	=	-20.895	/	4.853
	=	-4.31

Alta Global Group's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-20.895	/	4.853
	=	-4.31

Alta Global Group (AMEX:MMA) 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%.

Alta Global Group Equity-to-Asset Related Terms

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

Alta Global Group (Alta Global Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alta Global Group Ltd (AMEX:MMA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.trainalta.com

Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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