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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sacks Parente Golf's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $4.70 Mil. Sacks Parente Golf's Total Assets for the quarter that ended in Mar. 2024 was $5.29 Mil. Therefore, Sacks Parente Golf's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.89.
The historical rank and industry rank for Sacks Parente Golf's Equity-to-Asset or its related term are showing as below:
During the past 4 years, the highest Equity to Asset Ratio of Sacks Parente Golf was 0.95. The lowest was -5.77. And the median was -2.10.
The historical data trend for Sacks Parente Golf'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.
Sacks Parente Golf Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Equity-to-Asset | -5.77 | -5.46 | -2.65 | 0.91 |
Sacks Parente Golf Quarterly Data | ||||||||||||||
Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Equity-to-Asset | Get a 7-Day Free Trial | -3.54 | -4.29 | 0.95 | 0.91 | 0.89 |
For the Leisure subindustry, Sacks Parente Golf'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.
For the Travel & Leisure industry and Consumer Cyclical sector, Sacks Parente Golf's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sacks Parente Golf's Equity-to-Asset falls into.
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.
Sacks Parente Golf'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 |
= | 5.79 | / | 6.394 | |
= | 0.91 |
Sacks Parente Golf'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 |
= | 4.696 | / | 5.289 | |
= | 0.89 |
* 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.
Sacks Parente Golf (NAS:SPGC) 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%.
Thank you for viewing the detailed overview of Sacks Parente Golf's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Brett Widney Hoge | director | 121 GRASSLANDS CT, ADVANCE NC 27006 |
Steve Handy | officer: Chief Financial Officer | 8228 SUNSET BLVD., LOS ANGELES CA 90046 |
Timothy Triplett | director, officer: Chief Executive Officer | |
Michael Robert Ferris | officer: See remarks | 2 CAPTAIN ROAD, WILBRAHAM MA 01095 |
Akinobu Yorihiro | director, officer: Chief Technology Officer | 155 GILES ROAD, LAKE SHERWOOD CA 91361 |
Gregor Alasdair Campbell | director | 5460 LIVERPOOL CT, OAK PARK CA 91377 |
Dorothy Lynn Pepper | director | P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866 |
Angelo Gregory Papadourakis | officer: EVP Sales & Distribution | 8468 CHICORY COURT, DARIEN IL 60561 |
Nippon Xport Ventures, Inc. | 10 percent owner | 155 GILES ROAD,, LAKE SHERWOOD CA 91361 |
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