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Futuris Co (Futuris Co) Equity-to-Asset : -0.45 (As of Jul. 2020)


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What is Futuris Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Futuris Co's Total Stockholders Equity for the quarter that ended in Jul. 2020 was $-1.34 Mil. Futuris Co's Total Assets for the quarter that ended in Jul. 2020 was $2.99 Mil. Therefore, Futuris Co's Equity to Asset Ratio for the quarter that ended in Jul. 2020 was -0.45.

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

FTRS's Equity-to-Asset is not ranked *
in the Business Services industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

Futuris Co Equity-to-Asset Historical Data

The historical data trend for Futuris Co'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.

Futuris Co Equity-to-Asset Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Equity-to-Asset
Get a 7-Day Free Trial 0.42 -13.83 - - -0.45

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Equity-to-Asset Get a 7-Day Free Trial 0.42 -13.83 - - -0.45

Competitive Comparison of Futuris Co's Equity-to-Asset

For the Staffing & Employment Services subindustry, Futuris Co'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.


Futuris Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Futuris Co's Equity-to-Asset distribution charts can be found below:

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



Futuris Co 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.

Futuris Co's Equity to Asset Ratio for the fiscal year that ended in Jul. 2020 is calculated as

Equity to Asset (A: Jul. 2020 )=Total Stockholders Equity/Total Assets
=-1.341/2.994
=-0.45

Futuris Co's Equity to Asset Ratio for the quarter that ended in Jul. 2020 is calculated as

Equity to Asset (Q: Jul. 2020 )=Total Stockholders Equity/Total Assets
=-1.341/2.994
=-0.45

* 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.


Futuris Co  (OTCPK:FTRS) 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%.


Futuris Co Equity-to-Asset Related Terms

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Futuris Co (Futuris Co) Business Description

Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.