GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaming Innovation Group Inc (OSL:GIG) » Definitions » Equity-to-Asset

Gaming Innovation Group (OSL:GIG) Equity-to-Asset : 0.36 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Gaming Innovation Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gaming Innovation Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr1,102.2 Mil. Gaming Innovation Group's Total Assets for the quarter that ended in Mar. 2024 was kr3,064.8 Mil. Therefore, Gaming Innovation Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

OSL:GIG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.21   Med: 0.4   Max: 0.83
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Gaming Innovation Group was 0.83. The lowest was -0.21. And the median was 0.40.

OSL:GIG's Equity-to-Asset is ranked worse than
64.57% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs OSL:GIG: 0.36

Gaming Innovation Group Equity-to-Asset Historical Data

The historical data trend for Gaming Innovation 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.

Gaming Innovation Group Equity-to-Asset Chart

Gaming Innovation Group 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 0.16 0.04 0.14 0.35 0.34

Gaming Innovation Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.36 0.40 0.45 0.34 0.36

Competitive Comparison of Gaming Innovation Group's Equity-to-Asset

For the Gambling subindustry, Gaming Innovation 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.


Gaming Innovation Group's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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



Gaming Innovation 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.

Gaming Innovation 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
=1058.345/3136.474
=0.34

Gaming Innovation Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1102.205/3064.798
=0.36

* 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.


Gaming Innovation Group  (OSL:GIG) 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%.


Gaming Innovation Group Equity-to-Asset Related Terms

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


Gaming Innovation Group (OSL:GIG) Business Description

Traded in Other Exchanges
Address
Golden Mile Business Centre, Triq Id-Dragunara, St Julian’s, MLT, 3148
Gaming Innovation Group Inc is an iGaming technology company, providing solutions, products and services to iGaming Operators. It operates iGamingCloud.com, a cloud-based platform as a software-as-a-service. It also offers business-to-consumer casino and sports betting services through its online gaming Websites and online performance marketing services. The company's vision is to be the industry leading platform and media provider delivering world class solutions to iGaming partners and their customers'. Its mission is to drive sustainable growth and profitability of partners through product innovation, scalable technology and quality of service.

Gaming Innovation Group (OSL:GIG) Headlines

From GuruFocus

BigBear.ai to Hold Analyst Day on September 22, 2021

By Business Wire Business Wire 09-20-2021

BigBear.ai Announces Completion of Business Combination With GigCapital4

By Business Wire Business Wire 12-07-2021

DLA Piper advises GigCapital4 in its upsized US$360 million IPO

By PRNewswire PRNewswire 02-12-2021