FOYJ (FOY Johnston) Equity-to-Asset: 0.87 (As of Jun. 2013)

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What is FOY Johnston Equity-to-Asset?

FOY Johnston FOYJ -95.00% Equity-to-Asset is 0.87 as of Jun. 2013.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FOY Johnston's Total Stockholders Equity for the quarter that ended in Jun. 2013 was $3.47 Mil. FOY Johnston's Total Assets for the quarter that ended in Jun. 2013 was $3.97 Mil.

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

FOYJ's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

FOY Johnston  (OTCPK:FOYJ) 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%.


FOY Johnston Equity-to-Asset Related Terms


FOY Johnston Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for FOY Johnston'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.

FOY Johnston Equity-to-Asset Chart

FOY Johnston Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
1.00 0.99 1.00 0.98

FOY Johnston Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Equity-to-Asset Get a 7-Day Free Trial 0.98 0.98 0.98 0.98 0.87

FOYJ vs GLRI, HELIQ, TIRTZ: Equity-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, FOY Johnston'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.


FOY Johnston Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, FOY Johnston's Equity-to-Asset distribution charts can be found below:

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



FOY Johnston 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.

FOY Johnston's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=23.46935/23.9706
=0.98

FOY Johnston's Equity to Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

Equity to Asset (Q: Jun. 2013 )=Total Stockholders Equity/Total Assets
=3.46935/3.9706
=

* 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 0.87 mean?
FOY Johnston (FOYJ) has a Equity-to-Asset of 0.87 as of Jun. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on FOY Johnston and its competitors.
Is FOY Johnston's Equity-to-Asset too high?
FOY Johnston's current Equity-to-Asset is 0.87. The Oil & Gas industry median Equity-to-Asset is 0.50. FOY Johnston's value of 0.87 is 74% above this industry median.
How does FOY Johnston's Equity-to-Asset compare to GLRI and HELIQ?
FOY Johnston's Equity-to-Asset of 0.87 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. FOY Johnston's value of 0.87 is 74% above this benchmark. 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,029 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. FOY Johnston's current Equity-to-Asset of 0.87 is 74% above the industry median. 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 FOY Johnston and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FOY Johnston's current Equity-to-Asset is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FOY Johnston stock overvalued right now?
FOY Johnston (FOYJ) has a current Equity-to-Asset of 0.87. The current Equity-to-Asset is 0.87 and 74% above the Oil & Gas industry median of 0.50. 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 FOY Johnston (FOYJ), the current Equity-to-Asset is 0.87 as of Jun. 2013. 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.

FOY Johnston Business Description

Industry EnergyOil & Gas
Address 7380 South Eastern Avenue, Suite 124, Las Vegas, NV, USA, 89123
FOY Johnston is engaged in the exploration, mining, and production operation of gold, rare earth metals, platinum and precious gems, including diamonds. Its exploration, mining, and production activities are confined to the metals-rich Eastern and Central African countries of Cameroon and the Central African Republic. FOY-Johnston, Inc. has an artisan prospection mining permit for the region, rich in high-grade gold in certain areas diamond and rare earth elements, including export license and mining operations. The metallic minerals such as gold, iron, silver, copper, platinum, nickel and tin; gemstones such as diamonds, tanzanite, ruby, garnet, emerald, alexandrite, and sapphire. Its energy sector includes biomass-based fuels such as charcoal and firewood.