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NetDragon Websoft (NetDragon Websoft) Equity-to-Asset : 0.57 (As of Dec. 2023)


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What is NetDragon Websoft Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NetDragon Websoft's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $825.6 Mil. NetDragon Websoft's Total Assets for the quarter that ended in Dec. 2023 was $1,454.0 Mil. Therefore, NetDragon Websoft's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

NDWTY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.73   Max: 0.87
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of NetDragon Websoft was 0.87. The lowest was 0.57. And the median was 0.73.

NDWTY's Equity-to-Asset is ranked worse than
59.36% of 593 companies
in the Interactive Media industry
Industry Median: 0.64 vs NDWTY: 0.57

NetDragon Websoft Equity-to-Asset Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Equity-to-Asset Chart

NetDragon Websoft 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 0.72 0.68 0.67 0.63 0.57

NetDragon Websoft Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.67 0.65 0.63 0.62 0.57

Competitive Comparison of NetDragon Websoft's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.


NetDragon Websoft's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetDragon Websoft's Equity-to-Asset distribution charts can be found below:

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



NetDragon Websoft 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.

NetDragon Websoft'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
=825.607/1454.021
=0.57

NetDragon Websoft'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
=825.607/1454.021
=0.57

* 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.


NetDragon Websoft  (OTCPK:NDWTY) 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%.


NetDragon Websoft Equity-to-Asset Related Terms

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


NetDragon Websoft (NetDragon Websoft) Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.