/term/liabilities-to-assets/STGZ STGZ (Stargaze Entertainment Group) Liabilities-to-Assets
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stargaze Entertainment Group Inc (OTCPK:STGZ) » Definitions » Liabilities-to-Assets

Stargaze Entertainment Group (Stargaze Entertainment Group) Liabilities-to-Assets : 0.47 (As of Aug. 2023)


View and export this data going back to . Start your Free Trial

What is Stargaze Entertainment Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Stargaze Entertainment Group's Total Liabilities for the quarter that ended in Aug. 2023 was $0.29 Mil. Stargaze Entertainment Group's Total Assets for the quarter that ended in Aug. 2023 was $0.60 Mil. Therefore, Stargaze Entertainment Group's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 was 0.47.


Stargaze Entertainment Group Liabilities-to-Assets Historical Data

The historical data trend for Stargaze Entertainment Group's Liabilities-to-Assets 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.

Stargaze Entertainment Group Liabilities-to-Assets Chart

Stargaze Entertainment Group Annual Data
Trend
Liabilities-to-Assets

Stargaze Entertainment Group Semi-Annual Data
Aug23
Liabilities-to-Assets 0.47

Competitive Comparison of Stargaze Entertainment Group's Liabilities-to-Assets

For the Entertainment subindustry, Stargaze Entertainment Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Stargaze Entertainment Group's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stargaze Entertainment Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Stargaze Entertainment Group's Liabilities-to-Assets falls into.



Stargaze Entertainment Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Stargaze Entertainment Group's Liabilities-to-Assets Ratio for the fiscal year that ended in . 20 is calculated as:

Liabilities-to-Assets (A: . 20 )=Total Liabilities/Total Assets
=/
=N/A

Stargaze Entertainment Group's Liabilities-to-Assets Ratio for the quarter that ended in Aug. 2023 is calculated as

Liabilities-to-Assets (Q: Aug. 2023 )=Total Liabilities/Total Assets
=0.285/0.601
=0.47

* 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.


Stargaze Entertainment Group  (OTCPK:STGZ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Stargaze Entertainment Group Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Stargaze Entertainment Group's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Stargaze Entertainment Group (Stargaze Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
334 Cornelia Street, Suite 279, Plattsburgh, NY, USA, 12901
Stargaze Entertainment Group Inc is an entertainment production and distribution company. It focuses on the creation and distribution of films, music and live streaming of shows. The company's other services include copyrights, records production, and distribution, music publication.