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Strong Global Entertainment (Strong Global Entertainment) Equity-to-Asset : 0.30 (As of Mar. 2024)


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What is Strong Global Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strong Global Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $7.56 Mil. Strong Global Entertainment's Total Assets for the quarter that ended in Mar. 2024 was $25.35 Mil. Therefore, Strong Global Entertainment's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.30.

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

SGE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 0.56
Current: 0.3

During the past 5 years, the highest Equity to Asset Ratio of Strong Global Entertainment was 0.56. The lowest was 0.21. And the median was 0.36.

SGE's Equity-to-Asset is ranked worse than
85.48% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs SGE: 0.30

Strong Global Entertainment Equity-to-Asset Historical Data

The historical data trend for Strong Global Entertainment'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.

Strong Global Entertainment Equity-to-Asset Chart

Strong Global Entertainment Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
- 0.56 0.40 0.36 0.29

Strong Global Entertainment Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 0.21 0.28 0.29 0.30

Competitive Comparison of Strong Global Entertainment's Equity-to-Asset

For the Computer Hardware subindustry, Strong Global Entertainment'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.


Strong Global Entertainment's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Strong Global Entertainment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Strong Global Entertainment's Equity-to-Asset falls into.



Strong Global Entertainment 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.

Strong Global Entertainment'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
=7.794/26.526
=0.29

Strong Global Entertainment's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=7.561/25.348
=0.30

* 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.


Strong Global Entertainment  (AMEX:SGE) 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%.


Strong Global Entertainment Equity-to-Asset Related Terms

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


Strong Global Entertainment (Strong Global Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4201 Congress Street, Suite 175, Charlotte, NC, USA, 28209
Strong Global Entertainment Inc is engaged in providing products and services to cinema exhibitors and entertainment venues. It manufactures and distributes premium large format projection screens, provide comprehensive managed services, technical support and related products and services primarily to cinema exhibitors, theme parks, educational institutions, and similar venues. It also provides maintenance, repair, installation, network support services and other services to cinema operators, primarily in the United States.
Executives
Mark D. Roberson director, officer: CEO and Director 27271 LAS RAMBLAS, STE. 200, MISSION VIEJO CA 92691
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Strong/mdi Screen Systems, Inc. 10 percent owner 1440 RAOUL-CHARETTE, JOLIETTE A8 J6E 8S7
Kyle Cerminara director C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Ray Boegner officer: President 4350 MCKINLEY ST, OMAHA NE 68112
Todd Robert Major officer: CFO, Secretary & Treasury 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
John W. Struble director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746

Strong Global Entertainment (Strong Global Entertainment) Headlines