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Foresight Autonomous Holdings (Foresight Autonomous Holdings) Equity-to-Asset : 0.80 (As of Dec. 2023)


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What is Foresight Autonomous Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foresight Autonomous Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15.39 Mil. Foresight Autonomous Holdings's Total Assets for the quarter that ended in Dec. 2023 was $19.31 Mil. Therefore, Foresight Autonomous Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.

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

FRSX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.89   Max: 0.95
Current: 0.8

During the past 10 years, the highest Equity to Asset Ratio of Foresight Autonomous Holdings was 0.95. The lowest was 0.80. And the median was 0.89.

FRSX's Equity-to-Asset is ranked better than
92.38% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs FRSX: 0.80

Foresight Autonomous Holdings Equity-to-Asset Historical Data

The historical data trend for Foresight Autonomous Holdings'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.

Foresight Autonomous Holdings Equity-to-Asset Chart

Foresight Autonomous Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.94 0.91 0.86 0.80

Foresight Autonomous Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 0.86 0.86 0.82 0.78 0.80

Competitive Comparison of Foresight Autonomous Holdings's Equity-to-Asset

For the Auto Parts subindustry, Foresight Autonomous Holdings'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.


Foresight Autonomous Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Foresight Autonomous Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Foresight Autonomous Holdings's Equity-to-Asset falls into.



Foresight Autonomous Holdings 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.

Foresight Autonomous Holdings'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
=15.392/19.31
=0.80

Foresight Autonomous Holdings'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
=15.392/19.31
=0.80

* 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.


Foresight Autonomous Holdings  (NAS:FRSX) 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%.


Foresight Autonomous Holdings Equity-to-Asset Related Terms

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Foresight Autonomous Holdings (Foresight Autonomous Holdings) Business Description

Traded in Other Exchanges
Address
7 Golda Meir Street, Weizmann Science Park, Ness Ziona, ISR, 7403650
Foresight Autonomous Holdings Ltd is a technology company engaged in the design, development and commercialization of vision systems for the automotive industry. The company develops both in-line-of-sight vision systems and beyond-line-of-sight cellular-based applications through its wholly-owned subsidiaries. Its systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is pursuing several markets and believes its advanced systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform.