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Joy Spreader Group (FRA:5YN) Equity-to-Asset : 0.87 (As of Jun. 2024)


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What is Joy Spreader Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Joy Spreader Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €148.6 Mil. Joy Spreader Group's Total Assets for the quarter that ended in Jun. 2024 was €170.6 Mil. Therefore, Joy Spreader Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.87.

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

FRA:5YN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74   Med: 0.87   Max: 0.96
Current: 0.87

During the past 7 years, the highest Equity to Asset Ratio of Joy Spreader Group was 0.96. The lowest was 0.74. And the median was 0.87.

FRA:5YN's Equity-to-Asset is ranked better than
93.82% of 1052 companies
in the Media - Diversified industry
Industry Median: 0.51 vs FRA:5YN: 0.87

Joy Spreader Group Equity-to-Asset Historical Data

The historical data trend for Joy Spreader 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.

Joy Spreader Group Equity-to-Asset Chart

Joy Spreader Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.88 0.95 0.94 0.86 0.86

Joy Spreader Group Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 0.86 0.87 0.86 0.87

Competitive Comparison of Joy Spreader Group's Equity-to-Asset

For the Advertising Agencies subindustry, Joy Spreader 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.


Joy Spreader Group's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



Joy Spreader 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.

Joy Spreader 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
=187.789/219.425
=0.86

Joy Spreader Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=148.624/170.606
=0.87

* 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.


Joy Spreader Group  (FRA:5YN) 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%.


Joy Spreader Group Equity-to-Asset Related Terms

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Joy Spreader Group Business Description

Traded in Other Exchanges
Address
Zone A, Building T18, Jiuxianqiao Diantong Creative Park, Chaoyang District, Beijing, CHN
Joy Spreader Group Inc is a mobile new media performance-based marketing technology company in China. The company's segments include the Provision of performance-based we-media marketing services segment which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders, and realize product promotion on a diverse we-media network; and the Sales of E-commerce goods segment which comprises the sales of E-commerce goods on an online basis. The Others segment comprises the provision of the culture related services. It derives maximum revenue from Sale of E-commerce goods. The company operates in Mainland China and Hong Kong.

Joy Spreader Group Headlines

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