Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SRM Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4.12 Mil. SRM Entertainment's Total Assets for the quarter that ended in Dec. 2023 was $4.54 Mil.
Therefore, SRM Entertainment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.91.
The historical rank and industry rank for SRM Entertainment's Equity-to-Asset or its related term are showing as below:
SRM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.45 Max: 0.91
Current: 0.91
During the past 2 years, the highest Equity to Asset Ratio of SRM Entertainment was 0.91. The lowest was 0.00. And the median was 0.45.
SRM's Equity-to-Asset is ranked better than 96.31% of 841
companies
in the Travel & Leisure industry
Industry Median: 0.48
vs SRM: 0.91
SRM Entertainment Equity-to-Asset Historical Data
The historical data trend for SRM Entertainment'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.
Competitive Comparison of SRM Entertainment's Equity-to-Asset
For the Leisure subindustry, SRM Entertainment'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.
SRM Entertainment's Equity-to-Asset Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, SRM Entertainment's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SRM Entertainment's Equity-to-Asset falls into.
SRM Entertainment 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.
SRM Entertainment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
SRM Entertainment (NAS:SRM) 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%.
SRM Entertainment Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of SRM Entertainment's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
SRM Entertainment (SRM Entertainment) Business Description
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SRM has been successfully added to your