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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rave Restaurant Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11.10 Mil. Rave Restaurant Group's Total Assets for the quarter that ended in Dec. 2023 was $14.16 Mil. Therefore, Rave Restaurant Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.
The historical rank and industry rank for Rave Restaurant Group's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of Rave Restaurant Group was 0.78. The lowest was -0.22. And the median was 0.51.
The historical data trend for Rave Restaurant Group'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.
Rave Restaurant Group Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.43 | 0.05 | 0.43 | 0.72 | 0.73 |
Rave Restaurant Group 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 | 0.71 | 0.72 | 0.73 | 0.74 | 0.78 |
For the Restaurants subindustry, Rave Restaurant Group'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.
For the Restaurants industry and Consumer Cyclical sector, Rave Restaurant Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Rave Restaurant Group's Equity-to-Asset falls into.
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.
Rave Restaurant Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
Equity to Asset (A: Jun. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 10.391 | / | 14.237 | |
= | 0.73 |
Rave Restaurant Group'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 |
= | 11.101 | / | 14.16 | |
= | 0.78 |
* 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.
Rave Restaurant Group (NAS:RAVE) 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%.
Thank you for viewing the detailed overview of Rave Restaurant Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
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Brandon Solano | officer: Chief Executive Officer | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Mark E Schwarz | director, 10 percent owner | 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240 |
Clinton Dayne Fendley | officer: Vice President - Finance | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Burns Michael F Jr | officer: Chief Operating Officer | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Andrea K. Allen | officer: Chief Acctg. & Admin. Officer | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Robert W. Bafundo | officer: President | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Scott Crane | officer: President & CEO | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Brian Timothy Bares | director | 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738 |
Timothy E Mullany | officer: Chief Financial Officer | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Hammett William C Jr | director | CAMPBELL CENTRE, 8350 N CENTRAL EXPRESSWAY STE 1900, DALLAS TX 75206 |
Randall E. Gier | officer: President & CEO | 3551 PLANO PARKWAY, THE COLONY TX 75056 |
Clinton J Coleman | director | C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201 |
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