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Freeline Therapeutics Holdings (Freeline Therapeutics Holdings) Equity-to-Asset : 0.61 (As of Sep. 2023)


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What is Freeline Therapeutics Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freeline Therapeutics Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $30.04 Mil. Freeline Therapeutics Holdings's Total Assets for the quarter that ended in Sep. 2023 was $49.22 Mil. Therefore, Freeline Therapeutics Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.61.

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

FRLN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.72   Max: 0.93
Current: 0.61

During the past 5 years, the highest Equity to Asset Ratio of Freeline Therapeutics Holdings was 0.93. The lowest was 0.55. And the median was 0.72.

FRLN's Equity-to-Asset is not ranked
in the Biotechnology industry.
Industry Median: 0.67 vs FRLN: 0.61

Freeline Therapeutics Holdings Equity-to-Asset Historical Data

The historical data trend for Freeline Therapeutics Holdings'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.

Freeline Therapeutics Holdings Equity-to-Asset Chart

Freeline Therapeutics Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
0.72 0.87 0.93 0.85 0.61

Freeline Therapeutics Holdings Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.69 0.61 0.69 0.67 0.61

Competitive Comparison of Freeline Therapeutics Holdings's Equity-to-Asset

For the Biotechnology subindustry, Freeline Therapeutics Holdings'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.


Freeline Therapeutics Holdings's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Freeline Therapeutics Holdings's Equity-to-Asset distribution charts can be found below:

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



Freeline Therapeutics Holdings 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.

Freeline Therapeutics Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=52.414/86.641
=

Freeline Therapeutics Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=30.04/49.219
=0.61

* 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.


Freeline Therapeutics Holdings  (NAS:FRLN) 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%.


Freeline Therapeutics Holdings Equity-to-Asset Related Terms

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Freeline Therapeutics Holdings (Freeline Therapeutics Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Gunnels Wood Road, Sycamore House, Stevenage, Hertfordshire, GBR, SG1 2BP
Freeline Therapeutics Holdings PLC is a clinical-stage biotechnology company developing transformative adeno-associated virus (AAV) vector-mediated gene therapies for patients suffering from inherited systemic debilitating diseases. Its lead product candidates are FLT180a for the treatment of hemophilia B, FLT190 for the treatment of Fabry disease and FLT201 for the treatment of Gaucher disease Type 1.