GD Entertainment & Technology (GD Entertainment & Technology) Equity-to-Asset : -1.97 (As of Feb. 2006)

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What is GD Entertainment & Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GD Entertainment & Technology's Total Stockholders Equity for the quarter that ended in Feb. 2006 was $-2.87 Mil. GD Entertainment & Technology's Total Assets for the quarter that ended in Feb. 2006 was $1.46 Mil. Therefore, GD Entertainment & Technology's Equity to Asset Ratio for the quarter that ended in Feb. 2006 was -1.97.

The historical rank and industry rank for GD Entertainment & Technology's Equity-to-Asset or its related term are showing as below:

GDET's Equity-to-Asset is not ranked ^*
in the Personal Services industry.
Industry Median: 0.385
* Ranked among companies with meaningful Equity-to-Asset only.

GD Entertainment & Technology Equity-to-Asset Historical Data

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Equity-to-Asset Chart

GD Entertainment & Technology Annual Data

Trend

May01

May04

May05

Equity-to-Asset

-0.62

-1.36

-2.63

GD Entertainment & Technology Quarterly Data
	May01	Aug01	Nov01	Feb02	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06
Equity-to-Asset	Get a 7-Day Free Trial						-1.24	-2.63	-3.07	-2.73	-1.97

Competitive Comparison of GD Entertainment & Technology's Equity-to-Asset

For the Personal Services subindustry, GD Entertainment & Technology'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.

GD Entertainment & Technology's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, GD Entertainment & Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where GD Entertainment & Technology's Equity-to-Asset falls into.

GD Entertainment & Technology 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.

GD Entertainment & Technology's Equity to Asset Ratio for the fiscal year that ended in May. 2005 is calculated as

Equity to Asset (A: May. 2005 )	=	Total Stockholders Equity	/	Total Assets
	=	-2.395	/	0.91
	=	-2.63

GD Entertainment & Technology's Equity to Asset Ratio for the quarter that ended in Feb. 2006 is calculated as

Equity to Asset (Q: Feb. 2006 )	=	Total Stockholders Equity	/	Total Assets
	=	-2.868	/	1.459
	=	-1.97

GD Entertainment & Technology (OTCPK:GDET) 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%.

GD Entertainment & Technology Equity-to-Asset Related Terms

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

GD Entertainment & Technology (GD Entertainment & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » GD Entertainment & Technology Inc (OTCPK:GDET) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024

Website

https://gdet.co

GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.