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OpenLocker Holdings (OpenLocker Holdings) Equity-to-Asset : -13.03 (As of Jan. 2024)


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What is OpenLocker Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OpenLocker Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.38 Mil. OpenLocker Holdings's Total Assets for the quarter that ended in Jan. 2024 was $0.03 Mil. Therefore, OpenLocker Holdings's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -13.03.

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

OLKR' s Equity-to-Asset Range Over the Past 10 Years
Min: -13.03   Med: -1.57   Max: 0.99
Current: -13.03

During the past 4 years, the highest Equity to Asset Ratio of OpenLocker Holdings was 0.99. The lowest was -13.03. And the median was -1.57.

OLKR's Equity-to-Asset is ranked worse than
99.26% of 807 companies
in the Capital Markets industry
Industry Median: 0.49 vs OLKR: -13.03

OpenLocker Holdings Equity-to-Asset Historical Data

The historical data trend for OpenLocker 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.

OpenLocker Holdings Equity-to-Asset Chart

OpenLocker Holdings Annual Data
Trend Dec19 Dec20 Jul22 Jul23
Equity-to-Asset
-2.27 -2.46 0.98 -3.63

OpenLocker Holdings Quarterly Data
Dec19 Dec20 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.98 -3.63 -5.34 -13.03

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

For the Capital Markets subindustry, OpenLocker 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.


OpenLocker Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OpenLocker Holdings's Equity-to-Asset distribution charts can be found below:

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



OpenLocker 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.

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

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-0.098/0.027
=-3.63

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

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-0.378/0.029
=-13.03

* 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.


OpenLocker Holdings  (OTCPK:OLKR) 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%.


OpenLocker Holdings Equity-to-Asset Related Terms

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


OpenLocker Holdings (OpenLocker Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401
OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.
Executives
Abby Eileen Klatsky 10 percent owner 12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien 10 percent owner 575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky director, officer: President, OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky officer: COO of OpenLocker Inc. 320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony director, 10 percent owner, officer: President LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand director, 10 percent owner, officer: Chief Executive Officer 625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler director, officer: Chief Investment Officer 2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin director, officer: CEO, PFO, PAO 400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc. 10 percent owner 407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons 10 percent owner 612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc. officer: President 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root director, 10 percent owner 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller director, officer: President and COO 5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison director 8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048

OpenLocker Holdings (OpenLocker Holdings) Headlines

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