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OOOOO Entertainment Commerce (TSXV:OOOO) Equity-to-Asset : -1.40 (As of Jul. 2023)


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What is OOOOO Entertainment Commerce Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OOOOO Entertainment Commerce's Total Stockholders Equity for the quarter that ended in Jul. 2023 was C$-2.86 Mil. OOOOO Entertainment Commerce's Total Assets for the quarter that ended in Jul. 2023 was C$2.04 Mil.

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

TSXV:OOOO' s Equity-to-Asset Range Over the Past 10 Years
Min: -35   Med: 0.75   Max: 0.99
Current: -1.4

During the past 11 years, the highest Equity to Asset Ratio of OOOOO Entertainment Commerce was 0.99. The lowest was -35.00. And the median was 0.75.

TSXV:OOOO's Equity-to-Asset is ranked worse than
96.82% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs TSXV:OOOO: -1.40

OOOOO Entertainment Commerce Equity-to-Asset Historical Data

The historical data trend for OOOOO Entertainment Commerce'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.

OOOOO Entertainment Commerce Equity-to-Asset Chart

OOOOO Entertainment Commerce Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Oct21 Oct22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.92 0.91 - -0.75

OOOOO Entertainment Commerce Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 0.10 -0.75 -1.03 -1.27 -1.40

Competitive Comparison of OOOOO Entertainment Commerce's Equity-to-Asset

For the Internet Content & Information subindustry, OOOOO Entertainment Commerce'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.


OOOOO Entertainment Commerce's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, OOOOO Entertainment Commerce's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where OOOOO Entertainment Commerce's Equity-to-Asset falls into.



OOOOO Entertainment Commerce 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.

OOOOO Entertainment Commerce's Equity to Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

Equity to Asset (A: Oct. 2022 )=Total Stockholders Equity/Total Assets
=-1.953/2.609
=-0.75

OOOOO Entertainment Commerce's Equity to Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

Equity to Asset (Q: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-2.855/2.043
=

* 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.


OOOOO Entertainment Commerce  (TSXV:OOOO) 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%.


OOOOO Entertainment Commerce Equity-to-Asset Related Terms

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


OOOOO Entertainment Commerce (TSXV:OOOO) Business Description

Traded in Other Exchanges
Address
C/O 1000 - 925 West Georgia Street, Vancouver, BC, CAN, V6C 3L2
OOOOO Entertainment Commerce Ltd operates a technology platform that enables retailers, brands, and entrepreneurs to share product-based opinions directly to consumers through live, interactive, shoppable videos. The platform also offers gamification and social features which reward the community for helping to grow the user base, reducing the need for traditional ad networks.

OOOOO Entertainment Commerce (TSXV:OOOO) Headlines

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