Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freedom Hldg's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $36.85 Mil. Freedom Hldg's Total Assets for the quarter that ended in Dec. 2024 was $44.70 Mil.
Therefore, Freedom Hldg's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.82.
The historical rank and industry rank for Freedom Hldg's Equity-to-Asset or its related term are showing as below:
FHLD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -412 Med: -175 Max: 0.97
Current: 0.82
During the past 9 years, the highest Equity to Asset Ratio of Freedom Hldg was 0.97. The lowest was -412.00. And the median was -175.00.
FHLD's Equity-to-Asset is ranked better than 88.69% of 1052
companies
in the Media - Diversified industry
Industry Median: 0.51
vs FHLD: 0.82
Freedom Hldg Equity-to-Asset Historical Data
The historical data trend for Freedom Hldg'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.
Competitive Comparison of Freedom Hldg's Equity-to-Asset
For the Broadcasting subindustry, Freedom Hldg'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.
Freedom Hldg's Equity-to-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Freedom Hldg's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Freedom Hldg's Equity-to-Asset falls into.
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.
Freedom Hldg's Equity to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as
* 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.
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%.
Freedom Hldg Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Freedom Hldg's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Freedom Hldg Inc through its subsidiary The Awareness Group (TAG), operates in the alternative energy industry. TAG focuses on the solar energy sector, offering a comprehensive platform called TAG GRID that integrates solar sales, project funding, and lending solutions. The company is also involved in mergers and acquisitions, having acquired multiple companies in engineering, fintech services, and generation, which are integrated into their operations.
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