Entain (Entain) Equity-to-Asset

: 0.21 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Entain's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,871 Mil. Entain's Total Assets for the quarter that ended in Dec. 2023 was $13,735 Mil. Therefore, Entain's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.

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

GMVHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.45 Max: 0.72
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Entain was 0.72. The lowest was 0.21. And the median was 0.45.

GMVHF's Equity-to-Asset is ranked worse than
76.9% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs GMVHF: 0.21

Entain Equity-to-Asset Historical Data

The historical data trend for Entain'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.

Entain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.40

0.42

0.44

0.36

0.21

Entain Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset																0.44	0.44	0.36	0.27	0.21

Competitive Comparison

For the Gambling subindustry, Entain'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.

Entain Equity-to-Asset Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Entain's Equity-to-Asset distribution charts can be found below:

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

Entain 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.

Entain'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
	=	2870.886	/	13734.937
	=	0.21

Entain'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
	=	2870.886	/	13734.937
	=	0.21

Entain (OTCPK:GMVHF) 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%.

Entain Equity-to-Asset Related Terms

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

Entain (Entain) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Entain PLC (OTCPK:GMVHF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GMVHY:USA ENTl:UK ENT:UK 6GI0:Germany GVC:Austria

Address

One New Change, London, GBR, EC4M 9AF

Website

https://www.entaingroup.com

Entain PLC is an international sports betting and gaming company operating both online and in the retail sector. It has five reportable segments; Online comprises betting and gaming activities from online and mobile operations, Retail comprises betting and retail activities in the shop estates in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium, Italy, and Croatia, New opportunities unikrn and innovation spend, Corporate includes costs associated with Group functions including Group executive, legal, Group finance, United States joint venture, tax and treasury, and Other segments includes activities related to telephone betting, Stadia and on course pitches.