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Hall Of Fame Resort & Entertainment Co (Hall Of Fame Resort & Entertainment Co) Equity-to-Asset : 0.29 (As of Dec. 2023)


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What is Hall Of Fame Resort & Entertainment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hall Of Fame Resort & Entertainment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $127.69 Mil. Hall Of Fame Resort & Entertainment Co's Total Assets for the quarter that ended in Dec. 2023 was $441.90 Mil. Therefore, Hall Of Fame Resort & Entertainment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

The historical rank and industry rank for Hall Of Fame Resort & Entertainment Co's Equity-to-Asset or its related term are showing as below:

HOFV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.42   Max: 0.61
Current: 0.29

During the past 5 years, the highest Equity to Asset Ratio of Hall Of Fame Resort & Entertainment Co was 0.61. The lowest was 0.15. And the median was 0.42.

HOFV's Equity-to-Asset is ranked worse than
74.36% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HOFV: 0.29

Hall Of Fame Resort & Entertainment Co Equity-to-Asset Historical Data

The historical data trend for Hall Of Fame Resort & Entertainment Co'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.

Hall Of Fame Resort & Entertainment Co Equity-to-Asset Chart

Hall Of Fame Resort & Entertainment Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.15 0.53 0.61 0.42 0.29

Hall Of Fame Resort & Entertainment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.38 0.36 0.33 0.29

Competitive Comparison of Hall Of Fame Resort & Entertainment Co's Equity-to-Asset

For the Entertainment subindustry, Hall Of Fame Resort & Entertainment Co'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.


Hall Of Fame Resort & Entertainment Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hall Of Fame Resort & Entertainment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hall Of Fame Resort & Entertainment Co's Equity-to-Asset falls into.



Hall Of Fame Resort & Entertainment Co 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.

Hall Of Fame Resort & Entertainment Co'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
=127.692/441.897
=0.29

Hall Of Fame Resort & Entertainment Co'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
=127.692/441.897
=0.29

* 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.


Hall Of Fame Resort & Entertainment Co  (NAS:HOFV) 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%.


Hall Of Fame Resort & Entertainment Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hall Of Fame Resort & Entertainment Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Hall Of Fame Resort & Entertainment Co (Hall Of Fame Resort & Entertainment Co) Business Description

Traded in Other Exchanges
N/A
Address
2626 Fulton Drive NW, Canton, OH, USA, 44718
Hall Of Fame Resort & Entertainment Co operates as a holding company. The firm is a sports, entertainment, and media company. It generates revenues from various streams such as sponsorship agreements, rents, cost recoveries, events, hotel operation, Hall of Fantasy League, and through the sale of media assets.
Executives
Buiten John Van officer: VP of Accounting/Controller C/O JAY PHARMA INC., 4851 TAMIAMI TRAIL N, SUITE 200, NAPLES FL 34103
Jerome Bettis director 2870 PEACHTREE RD NW, SUITE 509, ATLANTA GA 30305
Michael Anthony Crawford director, officer: President and CEO C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON AVE NW, CANTON OH 44718
Michael S Levy officer: President of Operations C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON AVE NW, CANTON OH 44718
Marcus Lemarr Allen director HALL OF FAME RESORT & ENTERTAINMENT CO, 2626 FULTON AVE NW, CANTON OH 44708
Teri Wagner Flynn director C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON DRIVE NW, CANTON OH 44718
Victor S. Gregovits officer: EVP of Sales & Marketing C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON DRIVE NW, CANTON OH 44718
Benjamin J Lee officer: Chief Financial Officer 2626 FULTON DRIVE, NW, C/O HALL OF FAME RESORT & ENTERTAIN CO, CANTON OH 44718
Karl Holz director C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON AVE NW, CANTON OH 44718
Mary Owen director C/O HALL OF FAME RESORT & ENTERTAIN CO, 2626 FULTON AVE NW, CANTON OH 44718
James J. Dolan director C/O TRISTATE CAPITAL HOLDINGS, INC., ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Stuart Lichter director 631 PASEO DE LA PLAYA, REDONDO BEACH CA 90277
Anthony J. Buzzelli director C/O TRISTATE CAPITAL HOLDINGS, INC, ONE OXFORD CENTRE, SUITE 2700, PITTSBURGH PA 15219
Kimberly Schaefer director C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Erica Muhleman officer: EVP of New Bus. Dev./Marketing 2626 FULTON DRIVE NW, CANTON OH 44718

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