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Starry Group Holdings (Starry Group Holdings) Equity-to-Asset : -0.18 (As of Sep. 2022)


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What is Starry Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Starry Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $-49.72 Mil. Starry Group Holdings's Total Assets for the quarter that ended in Sep. 2022 was $270.65 Mil. Therefore, Starry Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was -0.18.

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

STRYQ's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

Starry Group Holdings Equity-to-Asset Historical Data

The historical data trend for Starry Group Holdings'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.

Starry Group Holdings Equity-to-Asset Chart

Starry Group Holdings Annual Data
Trend Dec19 Dec20 Dec21
Equity-to-Asset
0.32 -0.16 -0.14

Starry Group Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 -0.14 0.11 0.02 -0.18

Competitive Comparison of Starry Group Holdings's Equity-to-Asset

For the Telecom Services subindustry, Starry Group Holdings'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.


Starry Group Holdings's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Starry Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Starry Group Holdings 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.

Starry Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-31.077/223.234
=-0.14

Starry Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-49.72/270.649
=-0.18

* 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.


Starry Group Holdings  (OTCPK:STRYQ) 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%.


Starry Group Holdings Equity-to-Asset Related Terms

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


Starry Group Holdings (Starry Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
38 Chauncy Street, Suite 200, Boston, MA, USA, 02111
Starry Group Holdings Inc is connecting people and communities to high-speed, broadband internet using innovative, wideband hybrid-fiber fixed wireless technology. It is deploying gigabit-capable broadband to the home without bundles, data caps, or long-term contracts. The company is building a platform for the future by putting customers first, protecting privacy, ensuring access to an open and neutral net, and making affordable connectivity and digital equity a priority.
Executives
Tiger Global Management Llc 10 percent owner 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Michael Pasciak officer: See Remarks C/O STARRY GROUP HOLDINGS, INC., 38 CHAUNCY STREET, SUITE 200, BOSTON MA 02111
Coleman Charles P Iii 10 percent owner C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Tiger Global Pip Management Ix, Ltd. 10 percent owner C/O TIGER GLOBAL PERFORMANCE, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Tiger Global Pip Performance Ix, L.p. 10 percent owner C/O TIGER GLOBAL PERFORMANCE, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Tiger Global Private Investment Partners Ix, L.p. 10 percent owner C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Scott L Shleifer 10 percent owner C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Amish A Jani director, 10 percent owner
Richard R Heitzmann director, 10 percent owner 500 NYALA FARM ROAD, WESTPORT CT 06880
James Chiddix director C/O STARRY GROUP HOLDINGS, INC., 38 CHAUNCY STREET, SUITE 200, BOSTON MA 33408
Joseph T Lipowski officer: See Remarks C/O LOJACK CORPORATION, 200 LOWDERBROOK DRIVE, SUITE 1000, WESTWOOD MA 02090
William J Lundregan officer: See Remarks C/O STARRY GROUP HOLDINGS, INC., 38 CHAUNCY STREET, SUITE 200, BOSTON MA 02111
Jeremy R Mackechnie officer: See Remarks C/O STARRY GROUP HOLDINGS, INC., 38 CHAUNCY STREET, SUITE 200, BOSTON MA 02111
Alexis Cedric Moulle-berteaux officer: See Remarks C/O STARRY GROUP HOLDINGS, INC., 38 CHAUNCY STREET, SUITE 200, BOSTON MA 02111

Starry Group Holdings (Starry Group Holdings) Headlines