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Trophy Games Development A/S (OCSE:TGAMES) Equity-to-Asset : 0.85 (As of Dec. 2023)


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What is Trophy Games Development A/S Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trophy Games Development A/S's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr52.87 Mil. Trophy Games Development A/S's Total Assets for the quarter that ended in Dec. 2023 was kr62.07 Mil. Therefore, Trophy Games Development A/S's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

The historical rank and industry rank for Trophy Games Development A/S's Equity-to-Asset or its related term are showing as below:

OCSE:TGAMES' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.85   Max: 0.87
Current: 0.85

During the past 5 years, the highest Equity to Asset Ratio of Trophy Games Development A/S was 0.87. The lowest was 0.51. And the median was 0.85.

OCSE:TGAMES's Equity-to-Asset is ranked better than
84.45% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs OCSE:TGAMES: 0.85

Trophy Games Development A/S Equity-to-Asset Historical Data

The historical data trend for Trophy Games Development A/S'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.

Trophy Games Development A/S Equity-to-Asset Chart

Trophy Games Development A/S Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.51 0.65 0.86 0.87 0.85

Trophy Games Development A/S Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.86 0.90 0.87 0.83 0.85

Competitive Comparison of Trophy Games Development A/S's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development A/S'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.


Trophy Games Development A/S's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development A/S's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Trophy Games Development A/S's Equity-to-Asset falls into.



Trophy Games Development A/S 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.

Trophy Games Development A/S'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
=52.87/62.07
=0.85

Trophy Games Development A/S'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
=52.87/62.07
=0.85

* 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.


Trophy Games Development A/S  (OCSE:TGAMES) 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%.


Trophy Games Development A/S Equity-to-Asset Related Terms

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Trophy Games Development A/S (OCSE:TGAMES) Business Description

Traded in Other Exchanges
N/A
Address
Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460
Trophy Games Development A/S is a Denmark-based game that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam and browser.

Trophy Games Development A/S (OCSE:TGAMES) Headlines

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