FUNFF (Fansunite Entertainment) Equity-to-Asset: 0.55 (As of Jun. 2024)

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What is Fansunite Entertainment Equity-to-Asset?

Fansunite Entertainment FUNFF Equity-to-Asset is 0.55 as of Jun. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fansunite Entertainment's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $19.46 Mil. Fansunite Entertainment's Total Assets for the quarter that ended in Jun. 2024 was $35.57 Mil.

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

FUNFF's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Fansunite Entertainment  (OTCPK:FUNFF) 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%.

Fansunite Entertainment Equity-to-Asset Related Terms

Fansunite Entertainment Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Fansunite Entertainment'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.

Fansunite Entertainment Equity-to-Asset Chart

Fansunite Entertainment Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.38 0.91 0.47 0.56 0.53

Fansunite Entertainment Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.60 0.57 0.53 0.49 0.55

FUNFF vs LUXH, NNAX, FLUT: Equity-to-Asset Comparison

For the Gambling subindustry, Fansunite Entertainment'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.

Fansunite Entertainment Equity-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fansunite Entertainment's Equity-to-Asset distribution charts can be found below:

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


Fansunite Entertainment 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.

Fansunite Entertainment'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
=22.495/42.803
=0.53

Fansunite Entertainment'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
=19.463/35.569
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.55 mean?
Fansunite Entertainment (FUNFF) has a Equity-to-Asset of 0.55 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fansunite Entertainment and its competitors.
Is Fansunite Entertainment's Equity-to-Asset too high?
Fansunite Entertainment's current Equity-to-Asset is 0.55. The Travel & Leisure industry median Equity-to-Asset is 0.51. Fansunite Entertainment's value of 0.55 is 7.8% above this industry median.
How does Fansunite Entertainment's Equity-to-Asset compare to LUXH and NNAX?
Fansunite Entertainment's Equity-to-Asset of 0.55 can be compared against companies in the Travel & Leisure industry. The industry median Equity-to-Asset is 0.51. Fansunite Entertainment's value of 0.55 is 7.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fansunite Entertainment's current Equity-to-Asset of 0.55 is 7.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fansunite Entertainment and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fansunite Entertainment's current Equity-to-Asset is 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fansunite Entertainment stock overvalued right now?
Fansunite Entertainment (FUNFF) has a current Equity-to-Asset of 0.55. The current Equity-to-Asset is 0.55 and 7.8% above the Travel & Leisure industry median of 0.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Fansunite Entertainment (FUNFF), the current Equity-to-Asset is 0.55 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fansunite Entertainment Business Description

Address 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4T8
Fansunite Entertainment Inc is a sports and entertainment company that focuses on services related to regulated and lawful online sports betting, casino, and other related products. Also, the company provides technology solutions and services in the gaming and entertainment industries.