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FL Entertainment NV (XAMS:FLE) Equity-to-Asset : 0.01 (As of Dec. 2023)


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What is FL Entertainment NV Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FL Entertainment NV's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €33 Mil. FL Entertainment NV's Total Assets for the quarter that ended in Dec. 2023 was €5,733 Mil. Therefore, FL Entertainment NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.01.

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

XAMS:FLE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.08
Current: 0.01

During the past 6 years, the highest Equity to Asset Ratio of FL Entertainment NV was 0.08. The lowest was 0.00. And the median was 0.01.

XAMS:FLE's Equity-to-Asset is ranked worse than
89.91% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs XAMS:FLE: 0.01

FL Entertainment NV Equity-to-Asset Historical Data

The historical data trend for FL Entertainment NV'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.

FL Entertainment NV Equity-to-Asset Chart

FL Entertainment NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.07 0.02 0.01 - 0.01

FL Entertainment NV Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.02 - 0.01

Competitive Comparison of FL Entertainment NV's Equity-to-Asset

For the Entertainment subindustry, FL Entertainment NV'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.


FL Entertainment NV's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FL Entertainment NV's Equity-to-Asset distribution charts can be found below:

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



FL Entertainment NV 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.

FL Entertainment NV'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
=33/5733
=0.01

FL Entertainment NV's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=33/5733
=0.01

* 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.


FL Entertainment NV  (XAMS:FLE) 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%.


FL Entertainment NV Equity-to-Asset Related Terms

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


FL Entertainment NV (XAMS:FLE) Business Description

Traded in Other Exchanges
Address
5 Rue Francois 1er, Paris, ITA, 75008
FL Entertainment NV is an independent content production and fastest-growing online sports betting platform in Europe through its Banijay and Betclic Everest Group businesses. Banijay produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Betclic Everest Group operates an online sports betting platform in Europe.

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