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SportsQuest (SportsQuest) Equity-to-Asset : 0.47 (As of Oct. 2007)


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What is SportsQuest Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SportsQuest's Total Stockholders Equity for the quarter that ended in Oct. 2007 was $7.34 Mil. SportsQuest's Total Assets for the quarter that ended in Oct. 2007 was $15.54 Mil. Therefore, SportsQuest's Equity to Asset Ratio for the quarter that ended in Oct. 2007 was 0.47.

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

SPQS's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.47
* Ranked among companies with meaningful Equity-to-Asset only.

SportsQuest Equity-to-Asset Historical Data

The historical data trend for SportsQuest'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.

SportsQuest Equity-to-Asset Chart

SportsQuest Annual Data
Trend Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.00 -37.92 -50.75 - 0.47

SportsQuest Semi-Annual Data
Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.00 -37.92 -50.75 - 0.47

Competitive Comparison of SportsQuest's Equity-to-Asset

For the Leisure subindustry, SportsQuest'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.


SportsQuest's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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



SportsQuest 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.

SportsQuest's Equity to Asset Ratio for the fiscal year that ended in Oct. 2007 is calculated as

Equity to Asset (A: Oct. 2007 )=Total Stockholders Equity/Total Assets
=7.339/15.541
=0.47

SportsQuest's Equity to Asset Ratio for the quarter that ended in Oct. 2007 is calculated as

Equity to Asset (Q: Oct. 2007 )=Total Stockholders Equity/Total Assets
=7.339/15.541
=0.47

* 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.


SportsQuest  (OTCPK:SPQS) 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%.


SportsQuest Equity-to-Asset Related Terms

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


SportsQuest (SportsQuest) Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite No. 600, West Palm Beach, Florida, FL, USA, 33401
SportsQuest Inc is currently is in development stage company of a sports franchise. The company is primarily engaged in sports and hospitality related services.
Executives
Roy Thomas Kidd director, officer: President, CEO 432 VALLEY STREAM DRIVE, GENEVA FL 32732
Air Brook Airport Express Inc other: Related party 500 AUSTRALIAN AVENUE, SUITE 600, WEST PALM BEACH FL 33401

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