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Nexxen International (Nexxen International) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Nexxen International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nexxen International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $543.5 Mil. Nexxen International's Total Assets for the quarter that ended in Dec. 2023 was $904.8 Mil. Therefore, Nexxen International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

NEXN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.61   Max: 0.72
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Nexxen International was 0.72. The lowest was 0.37. And the median was 0.61.

NEXN's Equity-to-Asset is ranked better than
61.42% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs NEXN: 0.60

Nexxen International Equity-to-Asset Historical Data

The historical data trend for Nexxen 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.

Nexxen International Equity-to-Asset Chart

Nexxen International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.62 0.71 0.58 0.60

Nexxen International Quarterly Data
Jun18 Dec18 Jun19 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 0.58 0.62 0.61 0.62 0.60

Competitive Comparison of Nexxen International's Equity-to-Asset

For the Advertising Agencies subindustry, Nexxen 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.


Nexxen International's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



Nexxen 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.

Nexxen International'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
=543.548/904.803
=0.60

Nexxen International'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
=543.548/904.803
=0.60

* 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.


Nexxen International  (NAS:NEXN) 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%.


Nexxen International Equity-to-Asset Related Terms

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


Nexxen International (Nexxen International) Business Description

Traded in Other Exchanges
Address
82 Yigal Alon Street, 13th Floor, Tel Aviv, ISR, 6789124
Nexxen International Ltd empowers advertisers, agencies, publishers and broadcasters to utilize video and connected TV. It is a demand-side platform (DSP), supply-side platform (SSP), ad server and data management platform (DMP) and also delivers a flexible and unified technology stack with advanced and exclusive data at its core.