FGFH (Foresight Financial Group) Equity-to-Asset : 0.11 (As of Sep. 2024)

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

What is Foresight Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foresight Financial Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $184.32 Mil. Foresight Financial Group's Total Assets for the quarter that ended in Sep. 2024 was $1,620.20 Mil.

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

FGFH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.12
Current: 0.11

During the past 10 years, the highest Equity to Asset Ratio of Foresight Financial Group was 0.12. The lowest was 0.09. And the median was 0.11.

FGFH's Equity-to-Asset is ranked better than
66.08% of 1536 companies
in the Banks industry
Industry Median: 0.1 vs FGFH: 0.11

Foresight Financial Group Equity-to-Asset Historical Data

The historical data trend for Foresight Financial 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.

Foresight Financial Group Equity-to-Asset Chart

Foresight Financial Group Annual Data

Trend

Dec04

Dec05

Dec06

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.12

0.11

0.09

Foresight Financial Group Quarterly Data
	Dec04	Dec05	Dec06	Mar07	Jun07	Sep07	Dec17	Dec18	Dec19	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial													-	0.11	0.09	0.11	0.11

Competitive Comparison of Foresight Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, Foresight Financial 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.

Foresight Financial Group's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Foresight Financial Group's Equity-to-Asset distribution charts can be found below:

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

Foresight Financial 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.

Foresight Financial Group'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
	=	140.863	/	1574.728
	=	0.09

Foresight Financial 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
	=	184.319	/	1620.203
	=

Foresight Financial Group (OTCPK:FGFH) 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 Financial Group Equity-to-Asset Related Terms

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

Foresight Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Foresight Financial Group (OTCPK:FGFH) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

809 Cannell-Puri Court, P.O. Box 339, Suite 5, Winnebago, IL, USA, 61088

Website

https://www.foresightfg.com

Foresight Financial Group is a bank holding company. It is established under the Federal Reserve with offices in the Northern Illinois counties of Winnebago, Stephenson, and Kankakee. Holdings of the company include German American State Bank located in German Valley, Pecatonica, Seward, and Winnebago; State Bank of Davis located in Davis and Kankakee; State Bank located in Freeport; Lena State Bank located in Lena; Northwest Bank located in Rockford, Loves Park, and Machesney Park; and State Bank of Herscher located in Herscher and Kankakee. Its primary deposit products are demand deposits and certificates of deposit and its primary lending products are agriculture, agribusiness, commercial, real estate, and installment loans.