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DoubleDown Interactive Co (DoubleDown Interactive Co) Equity-to-Asset : 0.91 (As of Dec. 2023)


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What is DoubleDown Interactive Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DoubleDown Interactive Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $727.7 Mil. DoubleDown Interactive Co's Total Assets for the quarter that ended in Dec. 2023 was $803.3 Mil. Therefore, DoubleDown Interactive Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.91.

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

DDI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.83   Max: 0.91
Current: 0.91

During the past 6 years, the highest Equity to Asset Ratio of DoubleDown Interactive Co was 0.91. The lowest was 0.40. And the median was 0.83.

DDI's Equity-to-Asset is ranked better than
93.31% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs DDI: 0.91

DoubleDown Interactive Co Equity-to-Asset Historical Data

The historical data trend for DoubleDown Interactive Co'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.

DoubleDown Interactive Co Equity-to-Asset Chart

DoubleDown Interactive Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.47 0.87 0.89 0.79 0.91

DoubleDown Interactive Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.79 0.80 0.91 0.92 0.91

Competitive Comparison of DoubleDown Interactive Co's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, DoubleDown Interactive Co'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.


DoubleDown Interactive Co's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleDown Interactive Co's Equity-to-Asset distribution charts can be found below:

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



DoubleDown Interactive Co 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.

DoubleDown Interactive Co'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
=727.733/803.344
=0.91

DoubleDown Interactive Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=727.733/803.344
=0.91

* 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.


DoubleDown Interactive Co  (NAS:DDI) 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%.


DoubleDown Interactive Co Equity-to-Asset Related Terms

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DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Traded in Other Exchanges
Address
152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236
DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.