Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Faro Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $268.6 Mil. Faro Technologies's Total Assets for the quarter that ended in Dec. 2023 was $504.7 Mil.
Therefore, Faro Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.
The historical rank and industry rank for Faro Technologies's Equity-to-Asset or its related term are showing as below:
FARO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.72 Max: 0.81
Current: 0.53
During the past 13 years, the highest Equity to Asset Ratio of Faro Technologies was 0.81. The lowest was 0.53. And the median was 0.72.
FARO's Equity-to-Asset is ranked worse than 56.18% of 2485
companies
in the Hardware industry
Industry Median: 0.57
vs FARO: 0.53
Faro Technologies Equity-to-Asset Historical Data
The historical data trend for Faro 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.
For the Scientific & Technical Instruments subindustry, Faro 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.
Faro Technologies Equity-to-Asset Distribution
For the Hardware industry and Technology sector, Faro Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Faro Technologies's Equity-to-Asset falls into.
Faro 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.
Faro Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Faro Technologies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Faro Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Faro Technologies (Faro Technologies) Business Description
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
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