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Asian Television Network International (Asian Television Network International) Equity-to-Asset : 0.22 (As of Sep. 2023)


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What is Asian Television Network International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asian Television Network International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1.00 Mil. Asian Television Network International's Total Assets for the quarter that ended in Sep. 2023 was $4.60 Mil. Therefore, Asian Television Network International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.22.

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

AITVF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.58   Max: 0.7
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Asian Television Network International was 0.70. The lowest was 0.17. And the median was 0.58.

AITVF's Equity-to-Asset is ranked worse than
79.91% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs AITVF: 0.22

Asian Television Network International Equity-to-Asset Historical Data

The historical data trend for Asian Television Network International'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.

Asian Television Network International Equity-to-Asset Chart

Asian Television Network International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.38 0.38 0.30 0.19

Asian Television Network International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.20 0.19 0.17 0.18 0.22

Competitive Comparison of Asian Television Network International's Equity-to-Asset

For the Broadcasting subindustry, Asian Television Network International'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.


Asian Television Network International's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Television Network International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Asian Television Network International's Equity-to-Asset falls into.



Asian Television Network International 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.

Asian Television Network International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=1.072/5.556
=0.19

Asian Television Network International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=0.999/4.595
=0.22

* 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.


Asian Television Network International  (OTCPK:AITVF) 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%.


Asian Television Network International Equity-to-Asset Related Terms

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Asian Television Network International (Asian Television Network International) Business Description

Traded in Other Exchanges
Address
330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International (Asian Television Network International) Headlines

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