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Boat Rocker Media (TSX:BRMI) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Boat Rocker Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Boat Rocker Media's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$202.1 Mil. Boat Rocker Media's Total Assets for the quarter that ended in Dec. 2023 was C$604.2 Mil. Therefore, Boat Rocker Media's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

TSX:BRMI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.24   Max: 0.39
Current: 0.33

During the past 7 years, the highest Equity to Asset Ratio of Boat Rocker Media was 0.39. The lowest was 0.05. And the median was 0.24.

TSX:BRMI's Equity-to-Asset is ranked worse than
70.44% of 1059 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TSX:BRMI: 0.33

Boat Rocker Media Equity-to-Asset Historical Data

The historical data trend for Boat Rocker Media'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.

Boat Rocker Media Equity-to-Asset Chart

Boat Rocker Media Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.09 0.05 0.39 0.29 0.33

Boat Rocker Media Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.30 0.29 0.29 0.31 0.33

Competitive Comparison of Boat Rocker Media's Equity-to-Asset

For the Entertainment subindustry, Boat Rocker Media'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.


Boat Rocker Media's Equity-to-Asset Distribution in the Media - Diversified Industry

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

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



Boat Rocker Media 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.

Boat Rocker Media'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
=202.082/604.212
=0.33

Boat Rocker Media'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
=202.082/604.212
=0.33

* 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.


Boat Rocker Media  (TSX:BRMI) 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%.


Boat Rocker Media Equity-to-Asset Related Terms

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


Boat Rocker Media (TSX:BRMI) Business Description

Traded in Other Exchanges
Address
310 King Street East, Toronto, ON, CAN, M5A 1K6
Boat Rocker Media Inc is the home for creative visionaries. An independent, integrated entertainment company, Boat Rocker's purpose is to tell stories and build iconic brands across all genres and mediums. With offices around the world, the company's creative and commercial capabilities include scripted, unscripted, kids and family television production, distribution, brand, and franchise management, a world-class animation studio, and talent management through Untitled Entertainment. Its segment includes Television, Kids and Family, Representation, and the majority of the revenue comes from Television.

Boat Rocker Media (TSX:BRMI) Headlines

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