GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fullnet Communications Inc (OTCPK:FULO) » Definitions » Equity-to-Asset

Fullnet Communications (Fullnet Communications) Equity-to-Asset : 0.48 (As of Dec. 2023)


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

What is Fullnet Communications Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fullnet Communications's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.62 Mil. Fullnet Communications's Total Assets for the quarter that ended in Dec. 2023 was $3.40 Mil. Therefore, Fullnet Communications's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

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

FULO' s Equity-to-Asset Range Over the Past 10 Years
Min: -9.27   Med: -1.18   Max: 0.48
Current: 0.48

During the past 13 years, the highest Equity to Asset Ratio of Fullnet Communications was 0.48. The lowest was -9.27. And the median was -1.18.

FULO's Equity-to-Asset is ranked better than
64.19% of 391 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs FULO: 0.48

Fullnet Communications Equity-to-Asset Historical Data

The historical data trend for Fullnet Communications'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.

Fullnet Communications Equity-to-Asset Chart

Fullnet Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 0.21 0.42 0.44 0.48

Fullnet Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.45 0.47 0.49 0.48

Competitive Comparison of Fullnet Communications's Equity-to-Asset

For the Telecom Services subindustry, Fullnet Communications'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.


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

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

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



Fullnet Communications 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.

Fullnet Communications's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.622/3.403
=0.48

Fullnet Communications's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1.622/3.403
=0.48

* 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.


Fullnet Communications  (OTCPK:FULO) 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%.


Fullnet Communications Equity-to-Asset Related Terms

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


Fullnet Communications (Fullnet Communications) Business Description

Traded in Other Exchanges
N/A
Address
201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102
Fullnet Communications Inc is an integrated communications provider. The company through its subsidiaries, provides high quality, reliable and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advanced voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and Customized live help desk outsourcing service.
Executives
Timothy J Kilkenny director, 10 percent owner, officer: Chief Executive Officer 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Roger P Baresel director, officer: President & CFO 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Michael D Tomas officer: Vice President 201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Theodore S Williams officer: Vice President 201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Jason C Ayers officer: Vice President 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Patricia R Shurley officer: Vice President 201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102

Fullnet Communications (Fullnet Communications) Headlines