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The OLB Group (The OLB Group) Equity-to-Asset : 0.62 (As of Dec. 2023)


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What is The OLB Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The OLB Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12.23 Mil. The OLB Group's Total Assets for the quarter that ended in Dec. 2023 was $19.73 Mil. Therefore, The OLB Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

OLB' s Equity-to-Asset Range Over the Past 10 Years
Min: -53.83   Med: -0.19   Max: 0.91
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of The OLB Group was 0.91. The lowest was -53.83. And the median was -0.19.

OLB's Equity-to-Asset is ranked better than
60.16% of 2849 companies
in the Software industry
Industry Median: 0.54 vs OLB: 0.62

The OLB Group Equity-to-Asset Historical Data

The historical data trend for The OLB 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.

The OLB Group Equity-to-Asset Chart

The OLB Group 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 -0.24 0.40 0.91 0.90 0.62

The OLB Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.86 0.85 0.83 0.62

Competitive Comparison of The OLB Group's Equity-to-Asset

For the Software - Infrastructure subindustry, The OLB 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.


The OLB Group's Equity-to-Asset Distribution in the Software Industry

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

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



The OLB 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.

The OLB Group'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
=12.226/19.728
=0.62

The OLB Group'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
=12.226/19.728
=0.62

* 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.


The OLB Group  (NAS:OLB) 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%.


The OLB Group Equity-to-Asset Related Terms

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


The OLB Group (The OLB Group) Business Description

Traded in Other Exchanges
N/A
Address
1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
Executives
Patrick G Smith officer: Vice President 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov director, 10 percent owner, officer: see remarks 1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog 10 percent owner C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst director 8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof director 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell director SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis director 96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc officer: Chief Financial Officer 6371 S. GLENOAKS STREET, MURRAY UT 84107