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First and Goal Capital (TSXV:FGCC.P) Equity-to-Asset : 0.93 (As of Dec. 2024)


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What is First and Goal Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First and Goal Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$0.74 Mil. First and Goal Capital's Total Assets for the quarter that ended in Dec. 2024 was C$0.79 Mil.

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

TSXV:FGCC.P' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.94   Max: 0.97
Current: 0.93

During the past 4 years, the highest Equity to Asset Ratio of First and Goal Capital was 0.97. The lowest was 0.78. And the median was 0.94.

TSXV:FGCC.P's Equity-to-Asset is ranked better than
72.78% of 507 companies
in the Diversified Financial Services industry
Industry Median: 0.82 vs TSXV:FGCC.P: 0.93

First and Goal Capital Equity-to-Asset Historical Data

The historical data trend for First and Goal Capital'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.

First and Goal Capital Equity-to-Asset Chart

First and Goal Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
0.78 0.97 0.94 0.93

First and Goal Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.94 0.95 0.96 0.96 0.93

Competitive Comparison of First and Goal Capital's Equity-to-Asset

For the Shell Companies subindustry, First and Goal Capital'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.


First and Goal Capital's Equity-to-Asset Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where First and Goal Capital's Equity-to-Asset falls into.


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First and Goal Capital 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.

First and Goal Capital's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=0.739/0.793
=

First and Goal Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=0.739/0.793
=

* 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.


First and Goal Capital  (TSXV:FGCC.P) 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%.


First and Goal Capital Equity-to-Asset Related Terms

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


First and Goal Capital Business Description

Traded in Other Exchanges
N/A
Address
365 Bay Street, Suite 800, Toronto, ON, CAN, M5H 2V1
Website
First and Goal Capital Corp is a capital pool company.

First and Goal Capital Headlines

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