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Allied Gaming & Entertainment (Allied Gaming & Entertainment) Equity-to-Asset : 0.74 (As of Dec. 2023)


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What is Allied Gaming & Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Allied Gaming & Entertainment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $82.75 Mil. Allied Gaming & Entertainment's Total Assets for the quarter that ended in Dec. 2023 was $112.02 Mil. Therefore, Allied Gaming & Entertainment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

AGAE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54   Med: 0.9   Max: 1
Current: 0.74

During the past 7 years, the highest Equity to Asset Ratio of Allied Gaming & Entertainment was 1.00. The lowest was 0.54. And the median was 0.90.

AGAE's Equity-to-Asset is ranked better than
79.15% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs AGAE: 0.74

Allied Gaming & Entertainment Equity-to-Asset Historical Data

The historical data trend for Allied Gaming & 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.

* Premium members only.

Allied Gaming & Entertainment Equity-to-Asset Chart

Allied Gaming & Entertainment Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.54 0.93 0.90 0.74

Allied Gaming & Entertainment 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 0.90 0.88 0.90 0.91 0.74

Competitive Comparison of Allied Gaming & Entertainment's Equity-to-Asset

For the Entertainment subindustry, Allied Gaming & 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.


Allied Gaming & Entertainment's Equity-to-Asset Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Allied Gaming & Entertainment's Equity-to-Asset falls into.



Allied Gaming & 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.

Allied Gaming & Entertainment'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
=82.75/112.017
=0.74

Allied Gaming & Entertainment'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
=82.75/112.017
=0.74

* 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.


Allied Gaming & Entertainment  (NAS:AGAE) 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%.


Allied Gaming & Entertainment Equity-to-Asset Related Terms

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


Allied Gaming & Entertainment (Allied Gaming & Entertainment) Business Description

Traded in Other Exchanges
Address
745 Fifth Avenue, Suite 500, New York, NY, USA, 10151
Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.
Executives
Knighted Pastures Llc 10 percent owner 1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Roy Choi other: Managing Member of 10% holder 1933 S. BROADWAY, SUITE 746, LOS ANGELES CA 90007
Yuanfei Qu director 745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Yushi Guo director 745 FIFTH AVE, SUITE 500, NEW YORK NY 10151
Guanzhou Qin director 17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Adam J Pliska director, officer: President 5700 WILSHIRE BOULEVARD, SUITE 350, LOS ANGELES CA 90036
Roy Lawrence Anderson officer: Chief Financial Officer 17877 VON KARMAN AVENUE, SUITE 300, IRVING CA 92614
Alexander Misch director 17872 GILLETTE AVENUE, BUILDING C, 2ND FLOOR, IRVINE CA 92614
Jerry Lewin director JINHUA INDUSTRIAL ZONE, JINHUA ZHEJIANG PROVINCE F4 321016
Libing Wu director 350 LIGHTING WAY, SECAUCUS NJ 07094
Jingsheng Lu director, 10 percent owner FLOOR 3, BUILDING NO. 20, XINYUANLI WEST, CHAOYANG DISTRICT, BEIJING F4 #000
Yangyang Li director, 10 percent owner 10/F TOWER B FAIRMONT NO. 1 BUILDING, 33# COMMUNITY, GUANGSHUN NORTH ST, CHAOYANG DISTRICT, BEIJING F4 100102
Anthony A Hung officer: Chief Financial Officer 17877 VON KARMAN AVENUE, SUITE 300, IRVINE CA 92614
Element Partners, Llc 10 percent owner 950 TOWER LANE,, SUITE 1125, FOSTER CITY CA 94404
Lyle Berman director 10275 WAYZATA BOULEVARD, SUITE 100, MINNETONKA MN 55305

Allied Gaming & Entertainment (Allied Gaming & Entertainment) Headlines