The historical rank and industry rank for NextPlay Technologies's Equity-to-Asset or its related term are showing as below:
NXTP's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55 * Ranked among companies with meaningful Equity-to-Asset only.
NextPlay Technologies Equity-to-Asset Historical Data
The historical data trend for NextPlay Technologies'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.
Competitive Comparison of NextPlay Technologies's Equity-to-Asset
For the Software - Infrastructure subindustry, NextPlay Technologies'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.
NextPlay Technologies's Equity-to-Asset Distribution in the Software Industry
For the Software industry and Technology sector, NextPlay Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NextPlay Technologies's Equity-to-Asset falls into.
NextPlay Technologies 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.
NextPlay Technologies's Equity to Asset Ratio for the fiscal year that ended in Feb. 2022 is calculated as
* 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.
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%.
NextPlay Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of NextPlay Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
NextPlay Technologies (NextPlay Technologies) Business Description
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
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