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Freeze Tag (Freeze Tag) Equity-to-Asset : -0.24 (As of Dec. 2023)


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What is Freeze Tag Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freeze Tag's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.23 Mil. Freeze Tag's Total Assets for the quarter that ended in Dec. 2023 was $0.96 Mil. Therefore, Freeze Tag's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.24.

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

FRZT' s Equity-to-Asset Range Over the Past 10 Years
Min: -92.65   Med: -0.65   Max: 0.58
Current: -0.24

During the past 13 years, the highest Equity to Asset Ratio of Freeze Tag was 0.58. The lowest was -92.65. And the median was -0.65.

FRZT's Equity-to-Asset is ranked worse than
93.31% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs FRZT: -0.24

Freeze Tag Equity-to-Asset Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Equity-to-Asset Chart

Freeze Tag 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 -0.80 -0.90 -0.28 -0.06 -0.24

Freeze Tag 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 -0.06 -0.09 -0.06 -0.10 -0.24

Competitive Comparison of Freeze Tag's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag's Equity-to-Asset Distribution in the Interactive Media Industry

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

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



Freeze Tag 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.

Freeze Tag'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
=-0.232/0.958
=-0.24

Freeze Tag'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
=-0.232/0.958
=-0.24

* 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.


Freeze Tag  (OTCPK:FRZT) 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%.


Freeze Tag Equity-to-Asset Related Terms

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


Freeze Tag (Freeze Tag) Business Description

Traded in Other Exchanges
N/A
Address
360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.
Executives
Vardeman Robert Don Jr director, 10 percent owner, officer: President 1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland director, 10 percent owner, officer: President and CEO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo director, 10 percent owner, officer: Secretary and CFO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780

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