SHRG (Sharing Services Global) Equity-to-Asset: -0.67 (As of Sep. 2024)

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SHRG Sharing Services Global Corp SHRG
12 GF Score
Price $0.02
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What is Sharing Services Global Equity-to-Asset?

Sharing Services Global SHRG 12 Equity-to-Asset is -0.67 as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sharing Services Global's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-4.21 Mil. Sharing Services Global's Total Assets for the quarter that ended in Sep. 2024 was $6.26 Mil. Therefore, Sharing Services Global's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was -0.67.

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

SHRG's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Sharing Services Global  (OTCPK:SHRG) 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%.


Sharing Services Global Equity-to-Asset Related Terms


Sharing Services Global Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Sharing Services Global'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.

Sharing Services Global Equity-to-Asset Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.27 0.53 -1.33 -0.42

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 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 0.01 -0.11 -0.42 -0.60 -0.67

SHRG vs AVRW, JBS, KHC: Equity-to-Asset Comparison

For the Packaged Foods subindustry, Sharing Services Global'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.


Sharing Services Global Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sharing Services Global's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sharing Services Global's Equity-to-Asset falls into.


SHRG
12GF Score
Sharing Services Global Corp SHRG
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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.

Sharing Services Global's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-2.772/6.635
=-0.42

Sharing Services Global'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
=-4.214/6.257
=-0.67

* 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 -0.67 mean?
Sharing Services Global (SHRG) has a Equity-to-Asset of -0.67 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sharing Services Global and its competitors.
Is Sharing Services Global's Equity-to-Asset too high?
Sharing Services Global's current Equity-to-Asset is -0.67. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Equity-to-Asset compare to AVRW and JBS?
Sharing Services Global's Equity-to-Asset of -0.67 can be compared against companies in the Consumer Packaged Goods industry. The industry median Equity-to-Asset is 0.55. 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 Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 2,000 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 Sharing Services Global and its competitors. For the Consumer Packaged Goods 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. Sharing Services Global's current Equity-to-Asset is -0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Equity-to-Asset of -0.67. The current Equity-to-Asset is -0.67. Sharing Services Global's overall GF Score™ is 12/100. 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 Sharing Services Global (SHRG), the current Equity-to-Asset is -0.67 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
12GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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