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

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FULO Fullnet Communications Inc FULO
54 GF Score
Price $0.34
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What is Fullnet Communications Equity-to-Asset?

Fullnet Communications FULO 54 Equity-to-Asset is 0.48 as of Dec. 2023. GuruFocus rates FULO with a GF Score™ of 54/100.

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 is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.39
* Ranked among companies with meaningful Equity-to-Asset only.

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


Fullnet Communications Equity-to-Asset Historical Data

* Premium members only.

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.

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

FULO vs DTGI, HMMR, SLDC: Equity-to-Asset Comparison

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 Equity-to-Asset vs 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.


FULO
54GF Score
Fullnet Communications Inc FULO
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.48 mean?
Fullnet Communications (FULO) has a Equity-to-Asset of 0.48 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fullnet Communications and its competitors.
Is Fullnet Communications' Equity-to-Asset too high?
Fullnet Communications' current Equity-to-Asset is 0.48. The Telecommunication Services industry median Equity-to-Asset is 0.39. Fullnet Communications' value of 0.48 is 23.1% above this industry median. Overall, Fullnet Communications has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Fullnet Communications' Equity-to-Asset compare to DTGI and HMMR?
Fullnet Communications' Equity-to-Asset of 0.48 can be compared against companies in the Telecommunication Services industry. The industry median Equity-to-Asset is 0.39. Fullnet Communications' value of 0.48 is 23.1% 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 a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.39, based on 371 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. Fullnet Communications's current Equity-to-Asset of 0.48 is 23.1% 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 Fullnet Communications and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fullnet Communications's current Equity-to-Asset is 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fullnet Communications stock overvalued right now?
Fullnet Communications (FULO) has a current Equity-to-Asset of 0.48. The current Equity-to-Asset is 0.48 and 23.1% above the Telecommunication Services industry median of 0.39. Fullnet Communications' overall GF Score™ is 54/100. 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 Fullnet Communications (FULO), the current Equity-to-Asset is 0.48 as of Dec. 2023. 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.

Fullnet Communications Business Description

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 advance 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.
54GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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