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ARN Media (ASX:A1N) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is ARN Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ARN Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$279.9 Mil. ARN Media's Total Assets for the quarter that ended in Dec. 2023 was A$636.3 Mil. Therefore, ARN Media's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

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

ASX:A1N' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.58   Max: 0.72
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of ARN Media was 0.72. The lowest was 0.38. And the median was 0.58.

ASX:A1N's Equity-to-Asset is ranked worse than
58.42% of 1063 companies
in the Media - Diversified industry
Industry Median: 0.52 vs ASX:A1N: 0.44

ARN Media Equity-to-Asset Historical Data

The historical data trend for ARN Media'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.

ARN Media Equity-to-Asset Chart

ARN Media 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 0.66 0.66 0.59 0.48 0.44

ARN Media Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.59 0.59 0.48 0.51 0.44

Competitive Comparison of ARN Media's Equity-to-Asset

For the Broadcasting subindustry, ARN Media'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.


ARN Media's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



ARN Media 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.

ARN Media'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
=279.863/636.328
=0.44

ARN Media'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
=279.863/636.328
=0.44

* 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.


ARN Media  (ASX:A1N) 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%.


ARN Media Equity-to-Asset Related Terms

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


ARN Media (ASX:A1N) Business Description

Traded in Other Exchanges
N/A
Address
3 Byfield Street, Macquarie Park, Sydney, NSW, AUS, 2113
ARN Media Ltd is one of Australia's leading Broadcast and On-demand audio companies. It is Defining Audio through even more Connections That Count, ARN has ownership of approx 58 radio stations across 33 markets plus 46 DAB+ stations nationwide in addition to the digital entertainment platform, iHeartRadio.

ARN Media (ASX:A1N) Headlines

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