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Bally Total Fitness Holding (Bally Total Fitness Holding) Equity-to-Asset : -3.40 (As of Jun. 2007)


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What is Bally Total Fitness Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bally Total Fitness Holding's Total Stockholders Equity for the quarter that ended in Jun. 2007 was $-1,397.57 Mil. Bally Total Fitness Holding's Total Assets for the quarter that ended in Jun. 2007 was $411.38 Mil. Therefore, Bally Total Fitness Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2007 was -3.40.

The historical rank and industry rank for Bally Total Fitness Holding's Equity-to-Asset or its related term are showing as below:

BLLYW's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Bally Total Fitness Holding Equity-to-Asset Historical Data

The historical data trend for Bally Total Fitness Holding'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.

Bally Total Fitness Holding Equity-to-Asset Chart

Bally Total Fitness Holding Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.03 -2.62 -2.93 -2.96 -3.53

Bally Total Fitness Holding Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 -3.27 -3.30 -3.53 -3.28 -3.40

Competitive Comparison of Bally Total Fitness Holding's Equity-to-Asset

For the Leisure subindustry, Bally Total Fitness Holding'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.


Bally Total Fitness Holding's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Bally Total Fitness Holding's Equity-to-Asset falls into.



Bally Total Fitness Holding 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.

Bally Total Fitness Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Equity to Asset (A: Dec. 2006 )=Total Stockholders Equity/Total Assets
=-1400.422/396.771
=-3.53

Bally Total Fitness Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

Equity to Asset (Q: Jun. 2007 )=Total Stockholders Equity/Total Assets
=-1397.565/411.379
=-3.40

* 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.


Bally Total Fitness Holding  (GREY:BLLYW) 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%.


Bally Total Fitness Holding Equity-to-Asset Related Terms

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


Bally Total Fitness Holding (Bally Total Fitness Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8700 West Bryn Mawr Avenue, Chicago, IL, USA, 60631
Bally Total Fitness Holding is the largest commercial operator of fitness centers in the United States in terms of revenue, number of members, and square footage of facilities. The company operates more than 400 fitness centers with approximately 4 million members. Its fitness centers are generally 30,000 square feet in size and include such amenities as a workout area, sauna and steam facilities, a lap pool, free-weight rooms, aerobic-exercise rooms, an indoor jogging track, and racquetball courts.

Bally Total Fitness Holding (Bally Total Fitness Holding) Headlines

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