GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » FingerMotion Inc (NAS:FNGR) » Definitions » Equity-to-Asset

FNGR (FingerMotion) Equity-to-Asset : 0.33 (As of Aug. 2024)


View and export this data going back to 2014. Start your Free Trial

What is FingerMotion Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FingerMotion's Total Stockholders Equity for the quarter that ended in Aug. 2024 was $9.92 Mil. FingerMotion's Total Assets for the quarter that ended in Aug. 2024 was $30.19 Mil. Therefore, FingerMotion's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.33.

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

FNGR' s Equity-to-Asset Range Over the Past 10 Years
Min: -45   Med: 0.14   Max: 0.96
Current: 0.33

During the past 11 years, the highest Equity to Asset Ratio of FingerMotion was 0.96. The lowest was -45.00. And the median was 0.14.

FNGR's Equity-to-Asset is ranked worse than
60.21% of 382 companies
in the Telecommunication Services industry
Industry Median: 0.395 vs FNGR: 0.33

FingerMotion Equity-to-Asset Historical Data

The historical data trend for FingerMotion'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.

FingerMotion Equity-to-Asset Chart

FingerMotion Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 0.29 0.49 0.74 0.64

FingerMotion Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.70 0.72 0.64 0.42 0.33

Competitive Comparison of FingerMotion's Equity-to-Asset

For the Telecom Services subindustry, FingerMotion'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.


FingerMotion's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, FingerMotion's Equity-to-Asset distribution charts can be found below:

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



FingerMotion 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.

FingerMotion's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=12.104/18.815
=0.64

FingerMotion's Equity to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

Equity to Asset (Q: Aug. 2024 )=Total Stockholders Equity/Total Assets
=9.924/30.189
=0.33

* 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.


FingerMotion  (NAS:FNGR) 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%.


FingerMotion Equity-to-Asset Related Terms

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


FingerMotion Business Description

Traded in Other Exchanges
N/A
Address
111 Somerset Road, Level 3, Singapore, SGP, 238164
FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the Chinese market. The company business line includes Telecommunications Products and Services; Value Added Products and Services; Short Message Services (SMS) and Multimedia Messaging Services (MMS); a Rich Communication Services (RCS) platform; Big Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China.
Executives
Yew Poh Leong director 61 SPRINGSIDE VIEW, SINGAPORE U0 786060
Martin Chung-wen Shen officer: CEO and CFO 1322 W. KING EDWARD AVE., VANCOUVER A1 V6H 1Z9
Chee Ming Cheong 10 percent owner UNIT A 19/F TIMES MEDIA CENTRE, 133 WAN CHAI ROAD, WAN CHAI K3 --
Eng Ho Ng director 159 JALAN KAMPONG CHANTEK, SINGAPORE U0 587887
Yew Hon Lee officer: Chief Financial Officer NO 5, JALAN BRP 3/3C, SUNWAY RAHMAN PUTR, SEKSYEN U20, SHAH ALAM., SELANGOR N8 40160
Yang Yeat Choe 10 percent owner 6-9-1 V SQUARE PJ CITY CENTRE, JALAN UTARA, PETALING JAYA, SELANGOR N8 46200
Chan Michael K H director 15-07, 70 BAYSHORE ROAD, COSTA DEL SOL U0 469987
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Hsien Loong Wong director, 10 percent owner, officer: CEO, CFO, and Director 6 WINDSOR PARK HILL, SINGAPORE U0 574198
Michael Thomas Brigante director, 10 percent owner, officer: CEO, President, CFO 17 DANIEL DRIVE, HILLSBOROUGH NJ 08844