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DGTL Holdings (DGTL Holdings) Equity-to-Asset : -4.10 (As of Feb. 2024)


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What is DGTL Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DGTL Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was $-1.42 Mil. DGTL Holdings's Total Assets for the quarter that ended in Feb. 2024 was $0.35 Mil. Therefore, DGTL Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was -4.10.

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

DGTHF' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.21   Med: 0.34   Max: 0.9
Current: -4.09

During the past 5 years, the highest Equity to Asset Ratio of DGTL Holdings was 0.90. The lowest was -6.21. And the median was 0.34.

DGTHF's Equity-to-Asset is ranked worse than
97.47% of 593 companies
in the Interactive Media industry
Industry Median: 0.64 vs DGTHF: -4.09

DGTL Holdings Equity-to-Asset Historical Data

The historical data trend for DGTL Holdings'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.

DGTL Holdings Equity-to-Asset Chart

DGTL Holdings Annual Data
Trend May19 May20 May21 May22 May23
Equity-to-Asset
0.90 0.53 0.50 -0.04 -1.76

DGTL Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.09 -1.76 -2.76 -6.22 -4.10

Competitive Comparison of DGTL Holdings's Equity-to-Asset

For the Internet Content & Information subindustry, DGTL Holdings'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.


DGTL Holdings's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DGTL Holdings's Equity-to-Asset distribution charts can be found below:

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



DGTL Holdings 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.

DGTL Holdings's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=-1.392/0.79
=-1.76

DGTL Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=-1.421/0.347
=-4.10

* 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.


DGTL Holdings  (OTCPK:DGTHF) 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%.


DGTL Holdings Equity-to-Asset Related Terms

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DGTL Holdings (DGTL Holdings) Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
DGTL Holdings Inc is a disruptive digital media and advertising technology company, powered by artificial intelligence. The company engaged in accelerating fully commercialized enterprise-level software-as-a-service companies via a blend of unique capitalization structures, including investment, mergers, and acquisitions, earnouts, and licensing structures. The Company has one reportable operating segment Engagement Labs Inc., an enterprise-level social intelligence technology company located in Canada.