Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SPAR Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $28.2 Mil. SPAR Group's Total Assets for the quarter that ended in Dec. 2023 was $90.3 Mil.
Therefore, SPAR Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.
The historical rank and industry rank for SPAR Group's Equity-to-Asset or its related term are showing as below:
SGRP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.29 Max: 0.43
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of SPAR Group was 0.43. The lowest was 0.22. And the median was 0.29.
SGRP's Equity-to-Asset is ranked worse than 73.85% of 1090
companies
in the Business Services industry
Industry Median: 0.49
vs SGRP: 0.31
SPAR Group Equity-to-Asset Historical Data
The historical data trend for SPAR Group'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 SPAR Group's Equity-to-Asset
For the Specialty Business Services subindustry, SPAR Group'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.
SPAR Group's Equity-to-Asset Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, SPAR Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where SPAR Group's Equity-to-Asset falls into.
SPAR Group 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.
SPAR Group'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.
SPAR Group (NAS:SGRP) 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%.
SPAR Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of SPAR Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
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