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BIGG Digital Assets (BIGG Digital Assets) Equity-to-Asset : 0.33 (As of Sep. 2023)


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What is BIGG Digital Assets Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BIGG Digital Assets's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $23.68 Mil. BIGG Digital Assets's Total Assets for the quarter that ended in Sep. 2023 was $72.10 Mil. Therefore, BIGG Digital Assets's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.33.

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

BBKCF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.49   Max: 0.98
Current: 0.33

During the past 8 years, the highest Equity to Asset Ratio of BIGG Digital Assets was 0.98. The lowest was 0.08. And the median was 0.49.

BBKCF's Equity-to-Asset is ranked worse than
62.48% of 805 companies
in the Capital Markets industry
Industry Median: 0.5 vs BBKCF: 0.33

BIGG Digital Assets Equity-to-Asset Historical Data

The historical data trend for BIGG Digital Assets'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.

BIGG Digital Assets Equity-to-Asset Chart

BIGG Digital Assets Annual Data
Trend Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.98 0.90 0.50 0.45 0.34

BIGG Digital Assets Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.42 0.38 0.34 0.28 0.33

Competitive Comparison of BIGG Digital Assets's Equity-to-Asset

For the Capital Markets subindustry, BIGG Digital Assets'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.


BIGG Digital Assets's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BIGG Digital Assets's Equity-to-Asset distribution charts can be found below:

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



BIGG Digital Assets 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.

BIGG Digital Assets'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
=17.019/49.616
=0.34

BIGG Digital Assets'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
=23.679/72.099
=0.33

* 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.


BIGG Digital Assets  (OTCPK:BBKCF) 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%.


BIGG Digital Assets Equity-to-Asset Related Terms

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


BIGG Digital Assets (BIGG Digital Assets) Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 1220, Vancouver, BC, CAN, V6E 4A4
BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. It has two operating divisions which provide blockchain search products to large enterprises with significant data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.