SGLS (Signature Leisure) Equity-to-Asset: -9.61 (As of Sep. 2008)

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What is Signature Leisure Equity-to-Asset?

Signature Leisure SGLS -99.00% Equity-to-Asset is -9.61 as of Sep. 2008.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Signature Leisure's Total Stockholders Equity for the quarter that ended in Sep. 2008 was $-0.89 Mil. Signature Leisure's Total Assets for the quarter that ended in Sep. 2008 was $0.09 Mil. Therefore, Signature Leisure's Equity to Asset Ratio for the quarter that ended in Sep. 2008 was -9.61.

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

SGLS's Equity-to-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Signature Leisure  (OTCPK:SGLS) 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%.

Signature Leisure Equity-to-Asset Related Terms

Signature Leisure Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Signature Leisure'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.

Signature Leisure Equity-to-Asset Chart

Signature Leisure Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Equity-to-Asset
Get a 7-Day Free Trial -0.30 -70.00 -9.84 -3.28 -1.58

Signature Leisure Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.25 -1.58 -4.03 -7.36 -9.61

SGLS vs ETFM, CALI, ACCA: Equity-to-Asset Comparison

For the Auto & Truck Dealerships subindustry, Signature Leisure'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.

Signature Leisure Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Signature Leisure's Equity-to-Asset distribution charts can be found below:

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


Signature Leisure 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.

Signature Leisure's Equity to Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Equity to Asset (A: Dec. 2007 )=Total Stockholders Equity/Total Assets
=-0.641/0.405
=-1.58

Signature Leisure's Equity to Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

Equity to Asset (Q: Sep. 2008 )=Total Stockholders Equity/Total Assets
=-0.894/0.093
=-9.61

* 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 -9.61 mean?
Signature Leisure (SGLS) has a Equity-to-Asset of -9.61 as of Sep. 2008. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Signature Leisure and its competitors.
Is Signature Leisure's Equity-to-Asset too high?
Signature Leisure's current Equity-to-Asset is -9.61.
How does Signature Leisure's Equity-to-Asset compare to ETFM and CALI?
Signature Leisure's Equity-to-Asset of -9.61 can be compared against companies in the Vehicles & Parts industry. The industry median Equity-to-Asset is 0.49. 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,335 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. 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 Signature Leisure and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signature Leisure's current Equity-to-Asset is -9.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signature Leisure stock overvalued right now?
Signature Leisure (SGLS) has a current Equity-to-Asset of -9.61. The current Equity-to-Asset is -9.61. 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 Signature Leisure (SGLS), the current Equity-to-Asset is -9.61 as of Sep. 2008. 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.

Signature Leisure Business Description

Address 100 Candace Drive, Suite 100, Maitland, FL, USA, 32751
Signature Leisure Inc's current business includes operations of Parker Productions, a modeling and event staffing business, E Cubed Technologies, an information technology services company and Signature Auto, an independent dealer in motor vehicles.