Starbox Group Holdings (Starbox Group Holdings) Equity-to-Asset : 0.59 (As of Sep. 2023)

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What is Starbox Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Starbox Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $89.79 Mil. Starbox Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was $153.03 Mil. Therefore, Starbox Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.59.

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

STBX' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.55 Med: 0.45 Max: 0.92
Current: 0.59

During the past 4 years, the highest Equity to Asset Ratio of Starbox Group Holdings was 0.92. The lowest was -0.55. And the median was 0.45.

STBX's Equity-to-Asset is ranked worse than
56.45% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs STBX: 0.59

Starbox Group Holdings Equity-to-Asset Historical Data

The historical data trend for Starbox Group Holdings'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.

Starbox Group Holdings Equity-to-Asset Chart

Starbox Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

-0.55

0.31

0.92

0.59

Starbox Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial			0.31	0.39	0.92	0.96	0.59

Competitive Comparison of Starbox Group Holdings's Equity-to-Asset

For the Internet Content & Information subindustry, Starbox Group Holdings'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.

Starbox Group Holdings's Equity-to-Asset Distribution in the Interactive Media Industry

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

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

Starbox Group Holdings 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.

Starbox Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	89.794	/	153.027
	=	0.59

Starbox Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	89.794	/	153.027
	=	0.59

Starbox Group Holdings (NAS:STBX) 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%.

Starbox Group Holdings Equity-to-Asset Related Terms

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Starbox Group Holdings (Starbox Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Starbox Group Holdings Ltd (NAS:STBX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.starboxholdings.com

Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of our current operations are located in Malaysia. It operates in three segments: digital advertising services, cash rebate services, and payment solution services.