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DJTWW (Trump Media & Technology Group) Equity-to-Asset : 0.98 (As of Sep. 2024)


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What is Trump Media & Technology Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trump Media & Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $816.53 Mil. Trump Media & Technology Group's Total Assets for the quarter that ended in Sep. 2024 was $837.76 Mil. Therefore, Trump Media & Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.98.

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

DJTWW' s Equity-to-Asset Range Over the Past 10 Years
Min: -19.78   Med: 0   Max: 0.98
Current: 0.98

During the past 2 years, the highest Equity to Asset Ratio of Trump Media & Technology Group was 0.98. The lowest was -19.78. And the median was 0.00.

DJTWW's Equity-to-Asset is ranked better than
99.15% of 588 companies
in the Interactive Media industry
Industry Median: 0.64 vs DJTWW: 0.98

Trump Media & Technology Group Equity-to-Asset Historical Data

The historical data trend for Trump Media & Technology 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.

Trump Media & Technology Group Equity-to-Asset Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22
Equity-to-Asset
-3.07 -0.76

Trump Media & Technology Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only - -19.78 0.77 0.96 0.98

Competitive Comparison of Trump Media & Technology Group's Equity-to-Asset

For the Internet Content & Information subindustry, Trump Media & Technology 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.


Trump Media & Technology Group's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trump Media & Technology Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Trump Media & Technology Group's Equity-to-Asset falls into.



Trump Media & Technology 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.

Trump Media & Technology Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-8.573/11.237
=-0.76

Trump Media & Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=816.533/837.755
=0.97

* 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.


Trump Media & Technology Group  (NAS:DJTWW) 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%.


Trump Media & Technology Group Equity-to-Asset Related Terms

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


Trump Media & Technology Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.