GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Fab-Form Industries Ltd (TSXV:FBF) » Definitions » Equity-to-Asset

Fab-Form Industries (TSXV:FBF) Equity-to-Asset : 0.89 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Fab-Form Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fab-Form Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$5.05 Mil. Fab-Form Industries's Total Assets for the quarter that ended in Dec. 2023 was C$5.67 Mil. Therefore, Fab-Form Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

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

TSXV:FBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.69   Max: 0.89
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Fab-Form Industries was 0.89. The lowest was 0.00. And the median was 0.69.

TSXV:FBF's Equity-to-Asset is ranked better than
95.15% of 392 companies
in the Building Materials industry
Industry Median: 0.54 vs TSXV:FBF: 0.89

Fab-Form Industries Equity-to-Asset Historical Data

The historical data trend for Fab-Form Industries'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.

Fab-Form Industries Equity-to-Asset Chart

Fab-Form Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.82 0.68 0.80 0.86

Fab-Form Industries 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 0.87 - 0.86 0.89

Competitive Comparison of Fab-Form Industries's Equity-to-Asset

For the Building Materials subindustry, Fab-Form Industries'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.


Fab-Form Industries's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Fab-Form Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fab-Form Industries's Equity-to-Asset falls into.



Fab-Form Industries 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.

Fab-Form Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=4.1/4.76
=0.86

Fab-Form Industries'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
=5.047/5.671
=0.89

* 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.


Fab-Form Industries  (TSXV:FBF) 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%.


Fab-Form Industries Equity-to-Asset Related Terms

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


Fab-Form Industries (TSXV:FBF) Business Description

Traded in Other Exchanges
N/A
Address
1610 Derwent Way, Unit 19, Delta, BC, CAN, V3M 6W1
Fab-Form Industries Ltd is a Canadian based company that develops, manufactures and distributes proprietary technology to form concrete footings, columns, foundations and walls for building structures. The company also distributes Helix micro rebar into the BC market and Nudura insulating concrete form into the Lower Mainland of BC market.
Executives
Nigel Peter Protter Director

Fab-Form Industries (TSXV:FBF) Headlines

No Headlines