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Fast Finance24 Holding AG (XTER:FF24) Equity-to-Asset : 0.99 (As of Dec. 2021)


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What is Fast Finance24 Holding AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fast Finance24 Holding AG's Total Stockholders Equity for the quarter that ended in Dec. 2021 was €39.65 Mil. Fast Finance24 Holding AG's Total Assets for the quarter that ended in Dec. 2021 was €40.23 Mil. Therefore, Fast Finance24 Holding AG's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was 0.99.

The historical rank and industry rank for Fast Finance24 Holding AG's Equity-to-Asset or its related term are showing as below:

XTER:FF24's Equity-to-Asset is not ranked *
in the Credit Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Equity-to-Asset only.

Fast Finance24 Holding AG Equity-to-Asset Historical Data

The historical data trend for Fast Finance24 Holding AG'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.

Fast Finance24 Holding AG Equity-to-Asset Chart

Fast Finance24 Holding AG Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.98 0.96 0.99 0.99

Fast Finance24 Holding AG Quarterly Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 0.95 0.97 0.98 0.99 0.99

Competitive Comparison of Fast Finance24 Holding AG's Equity-to-Asset

For the Credit Services subindustry, Fast Finance24 Holding AG'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.


Fast Finance24 Holding AG's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fast Finance24 Holding AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fast Finance24 Holding AG's Equity-to-Asset falls into.



Fast Finance24 Holding AG 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.

Fast Finance24 Holding AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=41.516/41.96
=0.99

Fast Finance24 Holding AG's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=39.648/40.226
=0.99

* 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.


Fast Finance24 Holding AG  (XTER:FF24) 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%.


Fast Finance24 Holding AG Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Fast Finance24 Holding AG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Fast Finance24 Holding AG (XTER:FF24) Business Description

Traded in Other Exchanges
N/A
Address
Uhlandstrasse 165/166, Berlin, DEU, 10719
Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

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