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Bright Mountain Media (Bright Mountain Media) Equity-to-Asset : -1.23 (As of Mar. 2024)


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What is Bright Mountain Media Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bright Mountain Media's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-51.32 Mil. Bright Mountain Media's Total Assets for the quarter that ended in Mar. 2024 was $41.72 Mil. Therefore, Bright Mountain Media's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -1.23.

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

BMTM' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.23   Med: 0.36   Max: 0.88
Current: -1.23

During the past 12 years, the highest Equity to Asset Ratio of Bright Mountain Media was 0.88. The lowest was -1.23. And the median was 0.36.

BMTM's Equity-to-Asset is ranked worse than
95.65% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs BMTM: -1.23

Bright Mountain Media Equity-to-Asset Historical Data

The historical data trend for Bright Mountain 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.

Bright Mountain Media Equity-to-Asset Chart

Bright Mountain Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.10 -0.21 -0.48 -1.08

Bright Mountain Media Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only -0.66 -0.35 -0.91 -1.08 -1.23

Competitive Comparison of Bright Mountain Media's Equity-to-Asset

For the Internet Content & Information subindustry, Bright Mountain 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.


Bright Mountain Media's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bright Mountain Media's Equity-to-Asset distribution charts can be found below:

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



Bright Mountain 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.

Bright Mountain 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
=-46.665/43.417
=-1.07

Bright Mountain Media's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-51.316/41.72
=-1.23

* 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.


Bright Mountain Media  (OTCPK:BMTM) 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%.


Bright Mountain Media Equity-to-Asset Related Terms

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


Bright Mountain Media (Bright Mountain Media) Business Description

Traded in Other Exchanges
N/A
Address
6400 Congress Avenue, Suite 2050, Boca Raton, FL, USA, 33487
Bright Mountain Media Inc is a holding company that focuses on digital publishing and advertising technology. The Company is engaged in content creation and advertising technology development that helps customers connect with, and market to, targeted audiences in high-quality environments using a variety of digital ad formats. The Company generates revenue through sales of advertising services which generate revenue from advertisements placed on the Company's owned and managed sites, as well as from advertisements placed on partner websites, for which the company earns a share of the revenue.
Executives
Ethan Rudin officer: Chief Financial Officer 1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Pamela J. Parizek director C/O BRIGHT MOUNTAIN MEDIA, INC., 6400 CONGRESS AVENUE, SUITE 6400, BOCA RATON FL 33487
W Kip Speyer director, 10 percent owner, officer: CEO, PRESIDENT, CHAIRMAN 10361 PARKSTONE WAY, BOCA RATON FL 33498
Charles Pearlman director 1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Dennis W Healey director, officer: CFO, Secretary 14044 ICOT BOULEVARD, CLEARWATER FL 33760
Randolph A Pohlman director 102 S WYNSTONE PARK DR, N BARRINGTON IL 60010
Charles Howard Lichtman director 1098 MARBLE WAY, BOCA RATON FL 33432
Richard M. Rogers director 3707 AMELIA ISLAND LANE, DAVIE FL 33328
Jonathan Thielmann director 126 E. LEE RD., DELRAY BEACH FL 33445
Annette Casacci officer: Chief Financial Officer 3774 PEBBLEBROOK MANOR, COCONUT CREEK FL 33073
Todd Speyer director, officer: Dir. Bus. Dvlpmt/Website Mgr. 9060 CHRYSANTHEMUM DRIVE, BOYNTON BEACH FL 33437
Todd F. Davenport director 48 SALEM ST., SALEM MA 01810
Andrew Handwerker 10 percent owner 4399 PINE TREE DRIVE, BOYNTON BEACH FL 33436