GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Equity-to-Asset

SDM (Smart Digital Group) Equity-to-Asset : 0.47 (As of Sep. 2024)


View and export this data going back to 2025. Start your Free Trial

What is Smart Digital Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smart Digital Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $6.38 Mil. Smart Digital Group's Total Assets for the quarter that ended in Sep. 2024 was $13.53 Mil. Therefore, Smart Digital Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.47.

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

SDM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.45   Max: 0.59
Current: 0.47

During the past 2 years, the highest Equity to Asset Ratio of Smart Digital Group was 0.59. The lowest was 0.30. And the median was 0.45.

SDM's Equity-to-Asset is ranked worse than
53.7% of 1054 companies
in the Media - Diversified industry
Industry Median: 0.5 vs SDM: 0.47

Smart Digital Group Equity-to-Asset Historical Data

The historical data trend for Smart Digital Group'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.

Smart Digital Group Equity-to-Asset Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
Equity-to-Asset
0.59 0.43

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
Equity-to-Asset 0.59 - 0.43 0.30 0.47

Competitive Comparison of Smart Digital Group's Equity-to-Asset

For the Advertising Agencies subindustry, Smart Digital Group'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.

Smart Digital Group's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Smart Digital Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Smart Digital Group's Equity-to-Asset falls into.


;
;

Smart Digital Group 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.

Smart Digital Group'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
=4.605/10.688
=0.43

Smart Digital Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=6.379/13.525
=0.47

* 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.

Smart Digital Group  (NAS:SDM) 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%.

Smart Digital Group Equity-to-Asset Related Terms

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

Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Equity-to-Asset
Comparable Companies
EVC EDHL HFUS TSQ MCHX CDLX KARX QMMM TZUP ABLV TSE:3978 APP TTD XPAR:PUB SZSE:002027 OMC IPG LSE:WPP TSE:4324 TSE:4751
Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.