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Stargaze Entertainment Group (Stargaze Entertainment Group) Equity-to-Asset : 0.53 (As of Aug. 2023)


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What is Stargaze Entertainment Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stargaze Entertainment Group's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $0.32 Mil. Stargaze Entertainment Group's Total Assets for the quarter that ended in Aug. 2023 was $0.60 Mil.

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

STGZ's Equity-to-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.52
* Ranked among companies with meaningful Equity-to-Asset only.

Stargaze Entertainment Group Equity-to-Asset Historical Data

The historical data trend for Stargaze Entertainment 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.

Stargaze Entertainment Group Equity-to-Asset Chart

Stargaze Entertainment Group Annual Data
Trend
Equity-to-Asset

Stargaze Entertainment Group Semi-Annual Data
Aug23
Equity-to-Asset 0.53

Competitive Comparison of Stargaze Entertainment Group's Equity-to-Asset

For the Entertainment subindustry, Stargaze Entertainment 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.


Stargaze Entertainment Group's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stargaze Entertainment Group's Equity-to-Asset distribution charts can be found below:

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



Stargaze Entertainment 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.

Stargaze Entertainment Group's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Stargaze Entertainment Group's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=0.316/0.601
=

* 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.


Stargaze Entertainment Group  (OTCPK:STGZ) 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%.


Stargaze Entertainment Group Equity-to-Asset Related Terms

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


Stargaze Entertainment Group (Stargaze Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
334 Cornelia Street, Suite 279, Plattsburgh, NY, USA, 12901
Stargaze Entertainment Group Inc is an entertainment production and distribution company. It focuses on the creation and distribution of films, music and live streaming of shows. The company's other services include copyrights, records production, and distribution, music publication.