ULSP (Ultimate Sports Entertainment) Equity-to-Asset: -90.47 (As of Oct. 2002)

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What is Ultimate Sports Entertainment Equity-to-Asset?

Ultimate Sports Entertainment ULSP Equity-to-Asset is -90.47 as of Oct. 2002.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ultimate Sports Entertainment's Total Stockholders Equity for the quarter that ended in Oct. 2002 was $-2.90 Mil. Ultimate Sports Entertainment's Total Assets for the quarter that ended in Oct. 2002 was $0.03 Mil. Therefore, Ultimate Sports Entertainment's Equity to Asset Ratio for the quarter that ended in Oct. 2002 was -90.47.

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

ULSP's Equity-to-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Ultimate Sports Entertainment  (OTCPK:ULSP) 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%.

Ultimate Sports Entertainment Equity-to-Asset Related Terms

Ultimate Sports Entertainment Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Equity-to-Asset Chart

Ultimate Sports Entertainment Annual Data
Trend Jan00 Jan01 Jan02
Equity-to-Asset
-2.68 0.00 -23.95

Ultimate Sports Entertainment Quarterly Data
Jan00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.87 -23.95 -33.84 -15.49 -90.47

ULSP vs GPIW, FRLF, LMDCF: Equity-to-Asset Comparison

For the Publishing subindustry, Ultimate Sports Entertainment'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.

Ultimate Sports Entertainment Equity-to-Asset vs Media - Diversified Industry

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

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


Ultimate Sports Entertainment 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.

Ultimate Sports Entertainment's Equity to Asset Ratio for the fiscal year that ended in Jan. 2002 is calculated as

Equity to Asset (A: Jan. 2002 )=Total Stockholders Equity/Total Assets
=-2.467/0.103
=-23.95

Ultimate Sports Entertainment's Equity to Asset Ratio for the quarter that ended in Oct. 2002 is calculated as

Equity to Asset (Q: Oct. 2002 )=Total Stockholders Equity/Total Assets
=-2.895/0.032
=-90.47

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -90.47 mean?
Ultimate Sports Entertainment (ULSP) has a Equity-to-Asset of -90.47 as of Oct. 2002. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ultimate Sports Entertainment and its competitors.
Is Ultimate Sports Entertainment's Equity-to-Asset too high?
Ultimate Sports Entertainment's current Equity-to-Asset is -90.47.
How does Ultimate Sports Entertainment's Equity-to-Asset compare to GPIW and FRLF?
Ultimate Sports Entertainment's Equity-to-Asset of -90.47 can be compared against companies in the Media - Diversified industry. The industry median Equity-to-Asset is 0.51. 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 Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,022 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 Ultimate Sports Entertainment and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultimate Sports Entertainment's current Equity-to-Asset is -90.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultimate Sports Entertainment stock overvalued right now?
Ultimate Sports Entertainment (ULSP) has a current Equity-to-Asset of -90.47. The current Equity-to-Asset is -90.47. 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 Ultimate Sports Entertainment (ULSP), the current Equity-to-Asset is -90.47 as of Oct. 2002. 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.

Ultimate Sports Entertainment Business Description