FCSMF (Focus Graphite) Equity-to-Asset: -1.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FCSMF Focus Graphite Inc FCSMF
34 GF Score
Price $0.30
! 1 Warning Sign
View Full Analysis

What is Focus Graphite Equity-to-Asset?

Focus Graphite FCSMF +7.59% 34 Equity-to-Asset is -1.06 as of Mar. 2026. GuruFocus rates FCSMF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,669 Metals & Mining companies, Focus Graphite ranks worse than 92.73% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Focus Graphite's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-1.18 Mil. Focus Graphite's Total Assets for the quarter that ended in Mar. 2026 was $1.11 Mil.

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

FCSMF' s Equity-to-Asset Range Over the Past 10 Years
Min: -54.75   Med: 0.84   Max: 0.96
Current: -1.06

During the past 13 years, the highest Equity to Asset Ratio of Focus Graphite was 0.96. The lowest was -54.75. And the median was 0.84.

FCSMF's Equity-to-Asset is ranked worse than
92.73% of 2669 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FCSMF: -1.06

Focus Graphite  (OTCPK:FCSMF) 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%.


Focus Graphite Equity-to-Asset Related Terms


Focus Graphite Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Focus Graphite'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.

Focus Graphite Equity-to-Asset Chart

Focus Graphite Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 -0.37 -3.63 -54.62 -5.37

Focus Graphite Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.96 -19.54 -5.37 -0.11 -1.06

Focus Graphite Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Focus Graphite'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.


Focus Graphite Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Focus Graphite's Equity-to-Asset distribution charts can be found below:

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


FCSMF
34GF Score
Focus Graphite Inc FCSMF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Focus Graphite 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.

Focus Graphite's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Equity to Asset (A: Sep. 2025 )=Total Stockholders Equity/Total Assets
=-2.599/0.484
=

Focus Graphite's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=-1.182/1.112
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -1.06 mean?
Focus Graphite (FCSMF) has a Equity-to-Asset of -1.06 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Focus Graphite and its competitors. According to the industry distribution chart, Focus Graphite ranks #2475 out of 2669 companies in the Metals & Mining industry, placing it in the top 92.7%.
Is Focus Graphite's Equity-to-Asset too high?
Focus Graphite's current Equity-to-Asset is -1.06. Based on the distribution chart, Focus Graphite ranks #2475 out of 2669 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Focus Graphite has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Focus Graphite's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Focus Graphite ranks #2475 out of 2669 companies for Equity-to-Asset. This places Focus Graphite in the lower half of its industry. The industry median Equity-to-Asset is 0.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Focus Graphite and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Graphite's current Equity-to-Asset is -1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Graphite stock overvalued right now?
Focus Graphite (FCSMF) has a current Equity-to-Asset of -1.06. The current Equity-to-Asset is -1.06. Focus Graphite's overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Focus Graphite (FCSMF), the current Equity-to-Asset is -1.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Focus Graphite Business Description

Other Exchanges FKC0:GermanyFMS:Canada
Address 1505 Laperriere Avenue, Suite 505, Ottawa, ON, CAN, K1Z 7T1
Focus Graphite Inc is an exploration stage company. The company is engaged in the acquisition, exploration, and development of mineral properties in Canada. Its projects include Lac Knife; Lac Tetepisca graphite and Lac Guinecourt graphite property.
34GF Score

Get the complete analysis for FCSMF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.30
Price