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Black Diamond Group (Black Diamond Group) Equity-to-Asset : 0.45 (As of Dec. 2023)


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What is Black Diamond Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Black Diamond Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $216.2 Mil. Black Diamond Group's Total Assets for the quarter that ended in Dec. 2023 was $482.7 Mil. Therefore, Black Diamond Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

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

BDIMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.51   Max: 0.57
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Black Diamond Group was 0.57. The lowest was 0.41. And the median was 0.51.

BDIMF's Equity-to-Asset is ranked worse than
55.59% of 1092 companies
in the Business Services industry
Industry Median: 0.49 vs BDIMF: 0.45

Black Diamond Group Equity-to-Asset Historical Data

The historical data trend for Black Diamond Group'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.

Black Diamond Group Equity-to-Asset Chart

Black Diamond Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.42 0.44 0.41 0.45

Black Diamond Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.42 0.42 0.43 0.45

Competitive Comparison of Black Diamond Group's Equity-to-Asset

For the Rental & Leasing Services subindustry, Black Diamond Group'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.


Black Diamond Group's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Black Diamond Group's Equity-to-Asset falls into.



Black Diamond Group 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.

Black Diamond Group'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
=216.216/482.736
=0.45

Black Diamond Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=216.216/482.736
=0.45

* 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.


Black Diamond Group  (OTCPK:BDIMF) 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%.


Black Diamond Group Equity-to-Asset Related Terms

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


Black Diamond Group (Black Diamond Group) Business Description

Traded in Other Exchanges
Address
440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9
Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.

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