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Super Group (SGHC) (Super Group (SGHC)) Equity-to-Asset : 0.60 (As of Mar. 2024)


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What is Super Group (SGHC) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Super Group (SGHC)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was $621 Mil. Super Group (SGHC)'s Total Assets for the quarter that ended in Mar. 2024 was $1,044 Mil. Therefore, Super Group (SGHC)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.60.

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

SGHC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.22   Med: 0.54   Max: 0.62
Current: 0.6

During the past 6 years, the highest Equity to Asset Ratio of Super Group (SGHC) was 0.62. The lowest was -0.22. And the median was 0.54.

SGHC's Equity-to-Asset is ranked better than
65.52% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs SGHC: 0.60

Super Group (SGHC) Equity-to-Asset Historical Data

The historical data trend for Super Group (SGHC)'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.

Super Group (SGHC) Equity-to-Asset Chart

Super Group (SGHC) Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -0.22 0.13 0.61 0.59 0.54

Super Group (SGHC) Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.49 0.62 0.57 0.54 0.60

Competitive Comparison of Super Group (SGHC)'s Equity-to-Asset

For the Gambling subindustry, Super Group (SGHC)'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.


Super Group (SGHC)'s Equity-to-Asset Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Super Group (SGHC)'s Equity-to-Asset falls into.



Super Group (SGHC) 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.

Super Group (SGHC)'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
=567.41/1047.842
=0.54

Super Group (SGHC)'s Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=621/1044.283
=0.59

* 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.


Super Group (SGHC)  (NYSE:SGHC) 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%.


Super Group (SGHC) Equity-to-Asset Related Terms

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


Super Group (SGHC) (Super Group (SGHC)) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE
Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.