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ATA Creativity Global (ATA Creativity Global) Equity-to-Asset : 0.21 (As of Mar. 2024)


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What is ATA Creativity Global Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ATA Creativity Global's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $13.36 Mil. ATA Creativity Global's Total Assets for the quarter that ended in Mar. 2024 was $65.06 Mil. Therefore, ATA Creativity Global's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.

The historical rank and industry rank for ATA Creativity Global's Equity-to-Asset or its related term are showing as below:

AACG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.44   Max: 0.85
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of ATA Creativity Global was 0.85. The lowest was 0.18. And the median was 0.44.

AACG's Equity-to-Asset is ranked worse than
81.04% of 269 companies
in the Education industry
Industry Median: 0.52 vs AACG: 0.21

ATA Creativity Global Equity-to-Asset Historical Data

The historical data trend for ATA Creativity Global'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.

ATA Creativity Global Equity-to-Asset Chart

ATA Creativity Global Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.35 0.37 0.30 0.25

ATA Creativity Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.27 0.24 0.22 0.25 0.21

Competitive Comparison of ATA Creativity Global's Equity-to-Asset

For the Education & Training Services subindustry, ATA Creativity Global'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.


ATA Creativity Global's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, ATA Creativity Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ATA Creativity Global's Equity-to-Asset falls into.



ATA Creativity Global 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.

ATA Creativity Global'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
=15.831/62.875
=0.25

ATA Creativity Global's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=13.357/65.062
=0.21

* 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.


ATA Creativity Global  (NAS:AACG) 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%.


ATA Creativity Global Equity-to-Asset Related Terms

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


ATA Creativity Global (ATA Creativity Global) Business Description

Traded in Other Exchanges
Address
No. 39 Dong San Huan Zhong Road, 1st Floor East Gate, Building No. 2, Jian Wai Soho, Chao Yang District, Beijing, CHN, 100022
ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity. The operating segments are Overseas art study services, Other educational services and K-12 education assessment and other services. Majority of its revenue comes from Overseas art study services.