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Interactive Strength (Interactive Strength) Equity-to-Asset : -0.33 (As of Dec. 2023)


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What is Interactive Strength Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Interactive Strength's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-5.55 Mil. Interactive Strength's Total Assets for the quarter that ended in Dec. 2023 was $16.80 Mil. Therefore, Interactive Strength's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.33.

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

TRNR' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.8   Med: -0.61   Max: -0.11
Current: -0.33

During the past 4 years, the highest Equity to Asset Ratio of Interactive Strength was -0.11. The lowest was -2.80. And the median was -0.61.

TRNR's Equity-to-Asset is ranked worse than
94.44% of 108 companies
in the Personal Services industry
Industry Median: 0.365 vs TRNR: -0.33

Interactive Strength Equity-to-Asset Historical Data

The historical data trend for Interactive Strength'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.

Interactive Strength Equity-to-Asset Chart

Interactive Strength Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-2.80 -0.89 -0.11 -0.33

Interactive Strength Quarterly Data
Dec20 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 -0.11 0.04 0.23 -0.02 -0.33

Competitive Comparison of Interactive Strength's Equity-to-Asset

For the Personal Services subindustry, Interactive Strength'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.


Interactive Strength's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Interactive Strength's Equity-to-Asset distribution charts can be found below:

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



Interactive Strength 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.

Interactive Strength'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
=-5.552/16.802
=-0.33

Interactive Strength'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
=-5.552/16.802
=-0.33

* 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.


Interactive Strength  (NAS:TRNR) 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%.


Interactive Strength Equity-to-Asset Related Terms

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


Interactive Strength (Interactive Strength) Business Description

Traded in Other Exchanges
Address
1005 Congress Avenue, Suite 925 , Texas, Austin, TX, USA, 78701
Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. It generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.
Executives
Bradley James Wickens 10 percent owner PUDLICOTE HOUSE, PUDLICOTE LANE, CHIPPING NORTON, OXFORDSHIRE X0 OX7 3HX
Touw Kirsten Bartok director 125 SOUTH WACKER DRIVE, SUITE 300, CHICAGO IL 60606
Investments 1 Block.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lock.one 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, S. CHURCH ST., GEORGE TOWN, GRAND CAYMAN E9 KY1-1104
Brendan Francis Blumer 10 percent owner C/O BLOCK.ONE, SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Trent Alexander Ward director, officer: Chief Executive Officer 942 N. LAUREL AVENUE, LOS ANGELES CA 90046
Michael Madigan officer: Principal Financial Officer 370 HOURGLASS LANE, BALDWINSVILLE NY 13027
Deepak Manu Mulchandani director 27660 SKYLARK LANE, SANTA CLARA CA 91350
Stuart Bryan officer: Principal Accounting Officer 22900 ALLEN COURT, SAINT CLAIR SHORES MI 48080
Weaver Aaron Ngoc Dung director 99 OAKLEY STREET, LONDON X0 SW3 5NR
Kokuei Yuan 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006
Andrew Bliss 10 percent owner SUITE 4290, 48 MARKET STREET, CAMANA BAY, GRAND CAYMAN E9 KY1-9006

Interactive Strength (Interactive Strength) Headlines

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