SAML (Samsara Luggage) Equity-to-Asset: 0.58 (As of Sep. 2024)

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What is Samsara Luggage Equity-to-Asset?

Samsara Luggage SAML Equity-to-Asset is 0.58 as of Sep. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Samsara Luggage's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $7.89 Mil. Samsara Luggage's Total Assets for the quarter that ended in Sep. 2024 was $13.53 Mil. Therefore, Samsara Luggage's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.58.

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

SAML's Equity-to-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Samsara Luggage  (OTCPK:SAML) 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%.

Samsara Luggage Equity-to-Asset Related Terms

Samsara Luggage Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Samsara Luggage'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.

Samsara Luggage Equity-to-Asset Chart

Samsara Luggage Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 -4.24 -0.71 -6.19 -176.50

Samsara Luggage Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -23.92 -176.50 0.49 0.59 0.58

SAML vs JAGL, SKFG, NKE: Equity-to-Asset Comparison

For the Footwear & Accessories subindustry, Samsara Luggage'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.

Samsara Luggage Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's Equity-to-Asset distribution charts can be found below:

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


Samsara Luggage 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.

Samsara Luggage'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
=-2.118/0.012
=-176.50

Samsara Luggage'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
=7.886/13.53
=0.58

* 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 0.58 mean?
Samsara Luggage (SAML) has a Equity-to-Asset of 0.58 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Samsara Luggage and its competitors.
Is Samsara Luggage's Equity-to-Asset too high?
Samsara Luggage's current Equity-to-Asset is 0.58. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Samsara Luggage's value of 0.58 is 5.5% above this industry median.
How does Samsara Luggage's Equity-to-Asset compare to JAGL and SKFG?
Samsara Luggage's Equity-to-Asset of 0.58 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Equity-to-Asset is 0.55. Samsara Luggage's value of 0.58 is 5.5% 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,069 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. Samsara Luggage's current Equity-to-Asset of 0.58 is 5.5% 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 Samsara Luggage and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samsara Luggage's current Equity-to-Asset is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samsara Luggage stock overvalued right now?
Samsara Luggage (SAML) has a current Equity-to-Asset of 0.58. The current Equity-to-Asset is 0.58 and 5.5% above the Manufacturing - Apparel & Accessories industry median of 0.55. 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 Samsara Luggage (SAML), the current Equity-to-Asset is 0.58 as of Sep. 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.

Samsara Luggage Business Description

Address 6 Broadway, Suite 934, New York, NY, USA, 10004
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. It generates revenues through the sale and distribution of smart luggage products.