BlueBet Holdings (ASX:BBT) Equity-to-Asset : 0.46 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is BlueBet Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlueBet Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$19.82 Mil. BlueBet Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$42.96 Mil. Therefore, BlueBet Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

ASX:BBT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.75 Max: 0.87
Current: 0.46

During the past 2 years, the highest Equity to Asset Ratio of BlueBet Holdings was 0.87. The lowest was 0.46. And the median was 0.75.

ASX:BBT's Equity-to-Asset is ranked worse than
50.54% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs ASX:BBT: 0.46

BlueBet Holdings Equity-to-Asset Historical Data

The historical data trend for BlueBet 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.

BlueBet Holdings Equity-to-Asset Chart

BlueBet Holdings Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.78

0.52

BlueBet Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.80	0.78	0.71	0.52	0.46

Competitive Comparison of BlueBet Holdings's Equity-to-Asset

For the Gambling subindustry, BlueBet 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.

BlueBet Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

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

BlueBet 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.

BlueBet Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	28.852	/	55.092
	=	0.52

BlueBet Holdings'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
	=	19.823	/	42.955
	=	0.46

BlueBet Holdings (ASX:BBT) 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%.

BlueBet Holdings Equity-to-Asset Related Terms

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

BlueBet Holdings (ASX:BBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » BlueBet Holdings Ltd (ASX:BBT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Spring Street, Level 9, Sydney, NSW, AUS, 2000

Website

https://www.bluebet.com.au

BlueBet Holdings Ltd is engaged in providing sports and race betting services in Australia. Its main product line includes sports, horse racing, greyhound racing, harness racing, and on-track bets. The company generates its income from wagering revenue.

BlueBet Holdings (ASX:BBT) Headlines

No Headlines