Fortis Frontier (LSE:FORF) Equity-to-Asset: 0.71 (As of Dec. 2025) — Near 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.

What is Fortis Frontier Equity-to-Asset?

Fortis Frontier LSE:FORF Equity-to-Asset is 0.71 as of Dec. 2025, which is 4% below its 10-year median of 0.74. The stock has 3 warning signs investors should review. Among 558 Diversified Financial Services companies, Fortis Frontier ranks worse than 66.85% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortis Frontier's Total Stockholders Equity for the quarter that ended in Dec. 2025 was £5.38 Mil. Fortis Frontier's Total Assets for the quarter that ended in Dec. 2025 was £7.53 Mil. Therefore, Fortis Frontier's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.71.

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

LSE:FORF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.74   Max: 0.85
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Fortis Frontier was 0.85. The lowest was 0.40. And the median was 0.74.

LSE:FORF's Equity-to-Asset is ranked worse than
66.85% of 558 companies
in the Diversified Financial Services industry
Industry Median: 0.9 vs LSE:FORF: 0.71

Fortis Frontier  (LSE:FORF) 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%.


Fortis Frontier Equity-to-Asset Related Terms


Fortis Frontier Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Fortis Frontier'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.

Fortis Frontier Equity-to-Asset Chart

Fortis Frontier Annual Data
Trend Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.77 0.65 0.79 0.71

Fortis Frontier Semi-Annual Data
Dec15 Jun16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 0.65 0.93 0.79 0.67 0.71

LSE:FORF vs XXI, CCXI, DMII: Equity-to-Asset Comparison

For the Shell Companies subindustry, Fortis Frontier'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.


Fortis Frontier Equity-to-Asset vs Diversified Financial Services Industry

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

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



Fortis Frontier 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.

Fortis Frontier'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
=5.381/7.532
=

Fortis Frontier'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
=5.381/7.532
=0.71

* 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 0.71 mean?
Fortis Frontier (LSE:FORF) has a Equity-to-Asset of 0.71 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Fortis Frontier and its competitors. This is near median its historical median of 0.74. Over the past decade, Fortis Frontier's Equity-to-Asset has ranged from 0.40 to 0.85. According to the industry distribution chart, Fortis Frontier ranks #373 out of 558 companies in the Diversified Financial Services industry, placing it in the top 66.8%.
Is Fortis Frontier's Equity-to-Asset too high?
Fortis Frontier's current Equity-to-Asset of 0.71 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.85. The Diversified Financial Services industry median Equity-to-Asset is 0.90. Fortis Frontier's value of 0.71 is 21.1% below this industry median. Based on the distribution chart, Fortis Frontier ranks #373 out of 558 companies in the Diversified Financial Services industry, which is below the industry midpoint.
How does Fortis Frontier's Equity-to-Asset compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Fortis Frontier ranks #373 out of 558 companies for Equity-to-Asset. This places Fortis Frontier in the lower half of its industry. The industry median Equity-to-Asset is 0.90. Fortis Frontier's value of 0.71 is 21.1% below this benchmark. Historically, Fortis Frontier's own Equity-to-Asset has ranged from 0.40 to 0.85 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.90, Fortis Frontier has consistently been below 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 a Diversified Financial Services company?
The median Equity-to-Asset among Diversified Financial Services companies is 0.90, based on 558 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. Fortis Frontier's current Equity-to-Asset of 0.71 is 21.1% below 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 Fortis Frontier and its competitors. For the Diversified Financial Services industry, the median Equity-to-Asset is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortis Frontier's current Equity-to-Asset is 0.71, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Frontier stock overvalued right now?
Fortis Frontier (LSE:FORF) has a current Equity-to-Asset of 0.71. The stock's GF Value™ is £0.03, compared to a current price of £0.08 — trading 175% above its estimated fair value. The current Equity-to-Asset is 0.71, which is near median its 10-year median of 0.74 and 21.1% below the Diversified Financial Services industry median of 0.90. 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 Fortis Frontier (LSE:FORF), the current Equity-to-Asset is 0.71 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.

Fortis Frontier Business Description

Other Exchanges 0I10:Germany
Address c/o BPE Solicitors LLP, St James House, St James Square, Cheltenham, GBR, GL50 3PR
Fortis Frontier PLC is a cash shell company focused on maximising shareholder value.