GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Functional Technologies Corp (TSXV:FEB.H) » Definitions » Equity-to-Asset

Functional Technologies (TSXV:FEB.H) Equity-to-Asset : -1.25 (As of Aug. 2012)


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

What is Functional Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Functional Technologies's Total Stockholders Equity for the quarter that ended in Aug. 2012 was C$-3.42 Mil. Functional Technologies's Total Assets for the quarter that ended in Aug. 2012 was C$2.73 Mil. Therefore, Functional Technologies's Equity to Asset Ratio for the quarter that ended in Aug. 2012 was -1.25.

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

TSXV:FEB.H's Equity-to-Asset is not ranked *
in the Biotechnology industry.
Industry Median: 0.66
* Ranked among companies with meaningful Equity-to-Asset only.

Functional Technologies Equity-to-Asset Historical Data

The historical data trend for Functional 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.

* Premium members only.

Functional Technologies Equity-to-Asset Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.82 0.64 0.77 -1.25

Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.82 0.64 0.77 -1.25

Competitive Comparison of Functional Technologies's Equity-to-Asset

For the Biotechnology subindustry, Functional 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.


Functional Technologies's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Functional Technologies's Equity-to-Asset distribution charts can be found below:

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



Functional 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.

Functional Technologies's Equity to Asset Ratio for the fiscal year that ended in Aug. 2012 is calculated as

Equity to Asset (A: Aug. 2012 )=Total Stockholders Equity/Total Assets
=-3.423/2.733
=-1.25

Functional Technologies's Equity to Asset Ratio for the quarter that ended in Aug. 2012 is calculated as

Equity to Asset (Q: Aug. 2012 )=Total Stockholders Equity/Total Assets
=-3.423/2.733
=-1.25

* 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.


Functional Technologies  (TSXV:FEB.H) 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%.


Functional Technologies Equity-to-Asset Related Terms

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


Functional Technologies Business Description

Traded in Other Exchanges
N/A
Address
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies Headlines

No Headlines