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Parks! America (Parks! America) Equity-to-Asset : 0.75 (As of Dec. 2023)


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What is Parks! America Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Parks! America's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $14.68 Mil. Parks! America's Total Assets for the quarter that ended in Dec. 2023 was $19.64 Mil. Therefore, Parks! America's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

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

PRKA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.68   Max: 0.84
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Parks! America was 0.84. The lowest was 0.36. And the median was 0.68.

PRKA's Equity-to-Asset is ranked better than
82.28% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs PRKA: 0.75

Parks! America Equity-to-Asset Historical Data

The historical data trend for Parks! America'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.

Parks! America Equity-to-Asset Chart

Parks! America Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.60 0.69 0.73 0.75

Parks! America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.75 0.72 0.74 0.75 0.75

Competitive Comparison of Parks! America's Equity-to-Asset

For the Leisure subindustry, Parks! America'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.


Parks! America's Equity-to-Asset Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Parks! America's Equity-to-Asset falls into.



Parks! America 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.

Parks! America's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=14.985/20.096
=0.75

Parks! America'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
=14.683/19.64
=0.75

* 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.


Parks! America  (OTCPK:PRKA) 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%.


Parks! America Equity-to-Asset Related Terms

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


Parks! America (Parks! America) Business Description

Traded in Other Exchanges
N/A
Address
1300 Oak Grove Road, Pine Mountain, GA, USA, 31822
Parks! America Inc through its subsidiaries involved in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The company owns and operates Wild animal safari theme parks located in Pine mountain in the state of Georgia and Strafford in the state of Missouri in the United States. Its operating segment includes Georgia Park; Missouri Park and Texas Park. The company generates maximum revenue from the Georgia Park segment.
Executives
Focused Compounding Fund, Lp 10 percent owner 3838 OAK LAWN AVENUE, SUITE 1000, C/O FOCUSED COMPOUNDING CAPITAL MGMT, DALLAS TX 75219
Charles Kohnen director 5424 SPICE BUSH COURT, DAYTON OH 45429
Lisa Michelle Brady director 1007 DOCKWAY DRIVE, HURON OH 44839
Richard Ruffolo director C/O THE YANKEE CANDLE COMPANY, INC., 16 YANKEE CANDLE WAY, SOUTH DEERFIELD MA 01373
Focused Compounding Capital Management, Llc other: Investment Mgr of 10% Owner 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Andrew Mitchel Kuhn other: Managing Member of IA 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Geoffrey Harvey Gannon other: Managing Member of IA 1700 ALMA DRIVE, SUITE 460, PLANO TX 75075
Mark Alan Whitfield officer: Executive Vice President 1501 COPPERFIELD PARKWAY, APT 312, COLLEGE STATION TX 77845
Voorhis Dale Van director, officer: Chief Operating Officer 5684 PIONEER TRAIL, HIRAM OH 44234
Jeff Lococo director, officer: Secretary 4304 WALNUT CREEK LANE, SANDUSKY OH 44870
Todd R White officer: Chief Financial Officer 16600 N THOMPSON PEAK PKWY, #1069, SCOTTSDALE AZ 85260
William S Jump director 485 OAK CREEK CLIFFS DRIVE, SEDONA AZ 86336
John Paul Gannon director 6040 KENTIGERN CT. SOUTH, DUBLIN OH 43017
Nicholas Aaron Parks 10 percent owner 5010 THORNBROOK RIDGE, COLUMBIA MO 65203
Jim Meikle director 208 S ACADEMY AVE, STE 130, EAGLE ID 83616

Parks! America (Parks! America) Headlines