Gaxos.AI (Gaxos.AI) Equity-to-Asset : 0.93 (As of Dec. 2023)

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What is Gaxos.AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gaxos.AI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.43 Mil. Gaxos.AI's Total Assets for the quarter that ended in Dec. 2023 was $3.70 Mil.

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

GXAI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73 Med: 0.93 Max: 1
Current: 0.93

During the past 3 years, the highest Equity to Asset Ratio of Gaxos.AI was 1.00. The lowest was 0.73. And the median was 0.93.

GXAI's Equity-to-Asset is ranked better than
95.48% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs GXAI: 0.93

Gaxos.AI Equity-to-Asset Historical Data

The historical data trend for Gaxos.AI'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.

Gaxos.AI Equity-to-Asset Chart

Gaxos.AI Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

1.00

0.73

0.93

Gaxos.AI Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.73	0.98	0.95	0.96	0.93

Competitive Comparison of Gaxos.AI's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, Gaxos.AI'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.

Gaxos.AI's Equity-to-Asset Distribution in the Interactive Media Industry

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

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

Gaxos.AI 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.

Gaxos.AI'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
	=	3.426	/	3.696
	=

Gaxos.AI'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
	=	3.426	/	3.696
	=

Gaxos.AI (NAS:GXAI) 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%.

Gaxos.AI Equity-to-Asset Related Terms

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

Gaxos.AI (Gaxos.AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gaxos.AI Inc (NAS:GXAI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Eisenhower Parkway, Suite 300, Roseland, NJ, USA, 07068

Website

https://www.nftgco.com

Gaxos.AI Inc formerly NFT Gaming Co Inc is developing a digital gaming platform that will offer its proprietary games as well as games developed and published by third parties. It is developing a gaming platform, called Gaxos, founded with a vision to develop, design, acquire, and manage conventional games and to combine these games with unconventional game mechanisms, such as the ability to create and mint unique in-game features, such as skins, characters, weapons, gear, levels, and virtual lands.

Executives

Vadim Mats	director, officer: Chief Executive Officer	285 GRAND AVENUE, ENGLEWOOD NJ 07631
Steven A Shorr	officer: Chief Financial Officer	33 MAIDEN LANE, 5TH FLOOR, NEW YORK NY 10038
Scott Grayson	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Adam Holzer	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068
Alex Kisin	director	101 EISENHOWER PARKWAY, SUITE 300, ROSELAND NJ 07068