Foxby (FXBY) Equity-to-Asset: 1.00 (As of Dec. 2025) — 18% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FXBY Foxby Corp FXBY
57 GF Score
Price $23.50
GF Value $27.62
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Foxby Equity-to-Asset?

Foxby FXBY -2.04% 57 Equity-to-Asset is 1.00 as of Dec. 2025, which is 18% above its 10-year median of 0.85. GuruFocus rates FXBY with a GF Score™ of 57/100 and a GF Value™ of $27.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,630 Asset Management companies, Foxby ranks better than 99.88% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Foxby's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $17.01 Mil. Foxby's Total Assets for the quarter that ended in Dec. 2025 was $17.06 Mil. Therefore, Foxby's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 1.00.

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

FXBY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 0.85   Max: 1
Current: 1

During the past 9 years, the highest Equity to Asset Ratio of Foxby was 1.00. The lowest was 0.80. And the median was 0.85.

FXBY's Equity-to-Asset is ranked better than
99.88% of 1630 companies
in the Asset Management industry
Industry Median: 0.83 vs FXBY: 1.00

Foxby  (OTCPK:FXBY) 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%.


Foxby Equity-to-Asset Related Terms


Foxby Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Foxby'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.

Foxby Equity-to-Asset Chart

Foxby Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.82 0.87 0.85 0.85 1.00

Foxby Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.85 0.98 0.85 0.83 1.00

FXBY vs ICMB, AVAT, BNKK: Equity-to-Asset Comparison

For the Asset Management subindustry, Foxby'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.


Foxby Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Foxby's Equity-to-Asset distribution charts can be found below:

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


FXBY
57GF Score
Foxby Corp FXBY
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Foxby 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.

Foxby's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=17.007/17.057
=1.00

Foxby's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=17.007/17.057
=1.00

* 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 1.00 mean?
Foxby (FXBY) has a Equity-to-Asset of 1.00 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Foxby and its competitors. This is 18% above median its historical median of 0.85. Over the past decade, Foxby's Equity-to-Asset has ranged from 0.80 to 1.00. According to the industry distribution chart, Foxby ranks #2 out of 1630 companies in the Asset Management industry, placing it in the top 0.099999999999994%.
Is Foxby's Equity-to-Asset too high?
Foxby's current Equity-to-Asset of 1.00 is 18% above median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. Foxby's value of 1.00 is 20.5% above this industry median. Based on the distribution chart, Foxby ranks #2 out of 1630 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Foxby has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Foxby's Equity-to-Asset compare to ICMB and AVAT?
According to the Asset Management industry distribution chart, Foxby ranks #2 out of 1630 companies for Equity-to-Asset. This places Foxby in the top 0% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. Foxby's value of 1.00 is 20.5% above this benchmark. Historically, Foxby's own Equity-to-Asset has ranged from 0.80 to 1.00 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.83, Foxby has consistently been above the industry average. 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 an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,630 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. Foxby's current Equity-to-Asset of 1.00 is 20.5% 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 Foxby and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foxby's current Equity-to-Asset is 1.00, which is 18% above median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foxby stock overvalued right now?
Based on GuruFocus' analysis, Foxby (FXBY) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.62, compared to a current price of $23.50 — trading 14.9% below its estimated fair value. The current Equity-to-Asset is 1.00, which is 18% above median its 10-year median of 0.85 and 20.5% above the Asset Management industry median of 0.83. Foxby's overall GF Score™ is 57/100 with 3 warning signs to review. 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 Foxby (FXBY), the current Equity-to-Asset is 1.00 as of Dec. 2025. 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.

Is Foxby (FXBY) Overvalued in 2026?

Based on GuruFocus' analysis, Foxby stock appears to be undervalued. The current stock price of $23.50 is trading 14.9% below its estimated GF Value™ of $27.62. GuruFocus considers Foxby to be Modestly Undervalued.

Key valuation signals for FXBY:

  • Equity-to-Asset: 1.00 (18% above median its 10-year median of 0.85)
  • GF Value™: $27.62 vs. price of $23.50 (14.9% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 20.5% above the Asset Management median (#2 of 1630)

No single metric tells the full story. See the FXBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Foxby Business Description

Address 17 Old Drewsville Road, Walpole, NH, USA, 03608
Foxby Corp is a non-diversified, closed-end management investment company. The fund's objective is to grow capital by investment in securities of any type and in any industry sector. The company may invest in equity and fixed income securities across the United States of America and international markets, including securities convertible into common stock and debt securities, closed-end funds, and mutual funds.
57GF Score

Get the complete analysis for FXBY

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

$23.50
Price
$27.62
GF Value