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Aquis Entertainment (ASX:AQS) Equity-to-Asset : 0.96 (As of Jun. 2023)


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What is Aquis Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aquis Entertainment's Total Stockholders Equity for the quarter that ended in Jun. 2023 was A$33.94 Mil. Aquis Entertainment's Total Assets for the quarter that ended in Jun. 2023 was A$35.43 Mil.

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

ASX:AQS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.42   Med: -0.65   Max: 1
Current: 0.96

During the past 11 years, the highest Equity to Asset Ratio of Aquis Entertainment was 1.00. The lowest was -1.42. And the median was -0.65.

ASX:AQS's Equity-to-Asset is not ranked
in the Travel & Leisure industry.
Industry Median: 0.48 vs ASX:AQS: 0.96

Aquis Entertainment Equity-to-Asset Historical Data

The historical data trend for Aquis Entertainment'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.

Aquis Entertainment Equity-to-Asset Chart

Aquis Entertainment Annual Data
Trend Jun13 Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -1.14 -1.05 -0.98 -0.49

Aquis Entertainment Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -1.09 -0.98 -0.83 -0.49 0.96

Competitive Comparison of Aquis Entertainment's Equity-to-Asset

For the Resorts & Casinos subindustry, Aquis Entertainment'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.


Aquis Entertainment's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aquis Entertainment's Equity-to-Asset distribution charts can be found below:

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



Aquis Entertainment 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.

Aquis Entertainment's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-12.84/26.123
=

Aquis Entertainment's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=33.943/35.432
=

* 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.


Aquis Entertainment  (ASX:AQS) 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%.


Aquis Entertainment Equity-to-Asset Related Terms

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


Aquis Entertainment (ASX:AQS) Business Description

Traded in Other Exchanges
N/A
Address
21 Binara Street, Canberra, ACT, AUS, 2601
Aquis Entertainment Ltd specializes in the development and operation of integrated resort projects that concentrate a wide range of tourism-oriented attractions into single, large-scale facilities. The company's only segment includes the gaming and entertainment industry in Australia. It owns Casino Canberra.

Aquis Entertainment (ASX:AQS) Headlines

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