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Gamehost (TSX:GH) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Gamehost Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gamehost's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$110.52 Mil. Gamehost's Total Assets for the quarter that ended in Mar. 2024 was C$176.92 Mil. Therefore, Gamehost's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

TSX:GH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.63   Max: 0.71
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Gamehost was 0.71. The lowest was 0.55. And the median was 0.63.

TSX:GH's Equity-to-Asset is ranked better than
68.97% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs TSX:GH: 0.63

Gamehost Equity-to-Asset Historical Data

The historical data trend for Gamehost'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.

Gamehost Equity-to-Asset Chart

Gamehost Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.61 0.57 0.57 0.61

Gamehost Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.57 0.58 0.60 0.61 0.63

Competitive Comparison of Gamehost's Equity-to-Asset

For the Resorts & Casinos subindustry, Gamehost'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.


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

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

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



Gamehost 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.

Gamehost'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
=108.798/179.397
=0.61

Gamehost's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=110.517/176.918
=0.62

* 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.


Gamehost  (TSX:GH) 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%.


Gamehost Equity-to-Asset Related Terms

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


Gamehost (TSX:GH) Business Description

Traded in Other Exchanges
Address
548 Laura Avenue, Suite 104, Red Deer County, AB, CAN, T4E 0A5
Gamehost Inc is operating in hospitality and gaming properties in Alberta, Canada. The company's reportable segments are strategic business units that offer different services like the Gaming segment, which includes casinos offering slot, VLT, lottery, and table games; Hotel segment includes hotels catering to mid-range clients; and The Food and Beverage segment operations that are located within the casinos and hotels as a complement to other segments. It generates a majority of its revenue from the Gaming Segment. The Company is also the owner of an investment property located adjacent to its operating properties in Grande Prairie.
Executives
Darcy Will Director, Director or Senior Officer of 10% Security Holder, Senior Officer