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Favo Capital (Favo Capital) Equity-to-Asset : -0.99 (As of Sep. 2023)


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What is Favo Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Favo Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-17.44 Mil. Favo Capital's Total Assets for the quarter that ended in Sep. 2023 was $17.67 Mil. Therefore, Favo Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.99.

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

FAVO' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.99   Med: -0.99   Max: -0.99
Current: -0.99

During the past 10 years, the highest Equity to Asset Ratio of Favo Capital was -0.99. The lowest was -0.99. And the median was -0.99.

FAVO's Equity-to-Asset is ranked worse than
96.69% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs FAVO: -0.99

Favo Capital Equity-to-Asset Historical Data

The historical data trend for Favo Capital'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.

Favo Capital Equity-to-Asset Chart

Favo Capital Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 -3.91 0.59 -14.67 -

Favo Capital Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Sep22 Sep23
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 - - - - -0.99

Competitive Comparison of Favo Capital's Equity-to-Asset

For the Credit Services subindustry, Favo Capital'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.


Favo Capital's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Favo Capital's Equity-to-Asset distribution charts can be found below:

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



Favo Capital 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.

Favo Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )=Total Stockholders Equity/Total Assets
=-0.027/0
=

Favo Capital's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-17.443/17.666
=-0.99

* 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.


Favo Capital  (OTCPK:FAVO) 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%.


Favo Capital Equity-to-Asset Related Terms

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


Favo Capital (Favo Capital) Business Description

Traded in Other Exchanges
N/A
Address
1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590
Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.

Favo Capital (Favo Capital) Headlines

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