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The FUTR (TSXV:FTRC) Equity-to-Asset : -1.34 (As of Dec. 2024)


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What is The FUTR Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The FUTR's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$-7.19 Mil. The FUTR's Total Assets for the quarter that ended in Dec. 2024 was C$5.37 Mil. Therefore, The FUTR's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was -1.34.

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

TSXV:FTRC' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.9   Med: -1.43   Max: -0.62
Current: -1.34

During the past 3 years, the highest Equity to Asset Ratio of The FUTR was -0.62. The lowest was -1.90. And the median was -1.43.

TSXV:FTRC's Equity-to-Asset is ranked worse than
96.21% of 2846 companies
in the Software industry
Industry Median: 0.55 vs TSXV:FTRC: -1.34

The FUTR Equity-to-Asset Historical Data

The historical data trend for The FUTR'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.

The FUTR Equity-to-Asset Chart

The FUTR Annual Data
Trend Jun22 Jun23 Jun24
Equity-to-Asset
-1.09 -1.43 -1.57

The FUTR Quarterly Data
Sep20 Dec20 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 Premium Member Only -1.87 -1.87 -1.57 -1.69 -1.34

Competitive Comparison of The FUTR's Equity-to-Asset

For the Software - Infrastructure subindustry, The FUTR'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.


The FUTR's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, The FUTR's Equity-to-Asset distribution charts can be found below:

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


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The FUTR 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.

The FUTR's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-7.87/5.004
=-1.57

The FUTR'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
=-7.187/5.368
=-1.34

* 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.


The FUTR  (TSXV:FTRC) 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%.


The FUTR Equity-to-Asset Related Terms

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


The FUTR Business Description

Traded in Other Exchanges
Address
66 Wellington Street West, Suite 4100, P.O. Box 35, TD Bank Tower, Toronto, ON, CAN, M5K 1B7
FUTR Corp Formerly Hank Payments Corp is a financial technology company with a software platform that acts as a consumer's personal, financial concierge using a powerful technology to automate the complexities of personal cash flow management. The Hank Platform debits when consumers have cash, stores the cash with partner banks, then automatically instructs partner banks to pay bills and loans as near to due, and often sooner than required.
Executives
Michael Hilmer Director, Senior Officer
Ashish Kapoor Senior Officer
Uptempo Inc. 10% Security Holder
Jeff Guthrie Senior Officer

The FUTR Headlines

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