FUNN (Amfil Technologies) Equity-to-Asset: -1.13 (As of Jun. 2023)

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What is Amfil Technologies Equity-to-Asset?

Amfil Technologies FUNN +7.29% Equity-to-Asset is -1.13 as of Jun. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Amfil Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-4.50 Mil. Amfil Technologies's Total Assets for the quarter that ended in Jun. 2023 was $3.98 Mil. Therefore, Amfil Technologies's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -1.13.

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

FUNN's Equity-to-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Amfil Technologies  (OTCPK:FUNN) 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%.


Amfil Technologies Equity-to-Asset Related Terms


Amfil Technologies Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Amfil Technologies'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.

Amfil Technologies Equity-to-Asset Chart

Amfil Technologies Annual Data
Trend Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.50 -1.06 -1.21 -1.13

Amfil Technologies Semi-Annual Data
Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23
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 0.00 -0.50 -1.06 -1.21 -1.13

FUNN vs AXXA, RJDG, PTEEF: Equity-to-Asset Comparison

For the Conglomerates subindustry, Amfil Technologies'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.


Amfil Technologies Equity-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Amfil Technologies's Equity-to-Asset distribution charts can be found below:

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



Amfil Technologies 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.

Amfil Technologies's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-4.496/3.983
=-1.13

Amfil Technologies's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-4.496/3.983
=-1.13

* 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 -1.13 mean?
Amfil Technologies (FUNN) has a Equity-to-Asset of -1.13 as of Jun. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Amfil Technologies and its competitors.
Is Amfil Technologies' Equity-to-Asset too high?
Amfil Technologies' current Equity-to-Asset is -1.13.
How does Amfil Technologies' Equity-to-Asset compare to AXXA and RJDG?
Amfil Technologies' Equity-to-Asset of -1.13 can be compared against companies in the Conglomerates industry. The industry median Equity-to-Asset is 0.45. 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 Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 567 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. 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 Amfil Technologies and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amfil Technologies's current Equity-to-Asset is -1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amfil Technologies stock overvalued right now?
Amfil Technologies (FUNN) has a current Equity-to-Asset of -1.13. The current Equity-to-Asset is -1.13. 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 Amfil Technologies (FUNN), the current Equity-to-Asset is -1.13 as of Jun. 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.

Amfil Technologies Business Description

Address 600 Bloor Street West, Toronto, ON, CAN, M6G 1K4
Amfil Technologies Inc is engaged in the acquisition of mid-sized companies and optimizing their operations. The company through its subsidiaries is engaged in the operation of board game-themed bars and cafes in Canada and the United States; it provides hardscape, landscape & home improvement construction services such as Driveways, Fencing, Painting, Winter Services, Demolition, & other services; and it is also engaged in providing of triple function sanitization unit capable of eliminating 99.9% of water and airborne pathogens and the typically problematic pests that wreak havoc for cultivators like aphids, whiteflies, and spider mites, as well as bacteria, fungus, microbes and mold on surfaces, all without chemicals.