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Indigo Books & Music (Indigo Books & Music) Equity-to-Asset : -0.08 (As of Dec. 2023)


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What is Indigo Books & Music Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indigo Books & Music's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-45.6 Mil. Indigo Books & Music's Total Assets for the quarter that ended in Dec. 2023 was $549.7 Mil. Therefore, Indigo Books & Music's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.08.

The historical rank and industry rank for Indigo Books & Music's Equity-to-Asset or its related term are showing as below:

IDGBF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.51   Max: 0.65
Current: -0.08

During the past 13 years, the highest Equity to Asset Ratio of Indigo Books & Music was 0.65. The lowest was -0.09. And the median was 0.51.

IDGBF's Equity-to-Asset is ranked worse than
96.33% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs IDGBF: -0.08

Indigo Books & Music Equity-to-Asset Historical Data

The historical data trend for Indigo Books & Music'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.

Indigo Books & Music Equity-to-Asset Chart

Indigo Books & Music Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.10 0.03 0.03 -0.03

Indigo Books & Music 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 0.03 -0.03 -0.07 -0.09 -0.08

Competitive Comparison of Indigo Books & Music's Equity-to-Asset

For the Specialty Retail subindustry, Indigo Books & Music'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.


Indigo Books & Music's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Indigo Books & Music's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Indigo Books & Music's Equity-to-Asset falls into.



Indigo Books & Music 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.

Indigo Books & Music's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=-14.6/539.415
=-0.03

Indigo Books & Music'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
=-45.55/549.68
=-0.08

* 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.


Indigo Books & Music  (OTCPK:IDGBF) 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%.


Indigo Books & Music Equity-to-Asset Related Terms

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Indigo Books & Music (Indigo Books & Music) Business Description

Traded in Other Exchanges
Address
620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (Indigo Books & Music) Headlines