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Finisar (Finisar) Equity-to-Asset : 0.67 (As of Jul. 2019)


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What is Finisar Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Finisar's Total Stockholders Equity for the quarter that ended in Jul. 2019 was $1,614 Mil. Finisar's Total Assets for the quarter that ended in Jul. 2019 was $2,395 Mil. Therefore, Finisar's Equity to Asset Ratio for the quarter that ended in Jul. 2019 was 0.67.

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

FNSR's Equity-to-Asset is not ranked *
in the Hardware industry.
Industry Median: 0.57
* Ranked among companies with meaningful Equity-to-Asset only.

Finisar Equity-to-Asset Historical Data

The historical data trend for Finisar'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.

Finisar Equity-to-Asset Chart

Finisar Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.71 0.62 0.63 0.69

Finisar Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 0.62 0.62 0.69 0.69 0.67

Competitive Comparison of Finisar's Equity-to-Asset

For the Communication Equipment subindustry, Finisar'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.


Finisar's Equity-to-Asset Distribution in the Hardware Industry

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

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



Finisar 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.

Finisar's Equity to Asset Ratio for the fiscal year that ended in Apr. 2019 is calculated as

Equity to Asset (A: Apr. 2019 )=Total Stockholders Equity/Total Assets
=1614.161/2352.167
=0.69

Finisar's Equity to Asset Ratio for the quarter that ended in Jul. 2019 is calculated as

Equity to Asset (Q: Jul. 2019 )=Total Stockholders Equity/Total Assets
=1614.143/2394.929
=0.67

* 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.


Finisar  (NAS:FNSR) 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%.


Finisar Equity-to-Asset Related Terms

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


Finisar (Finisar) Business Description

Traded in Other Exchanges
N/A
Address
1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089
Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.
Executives
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet director
Jerry S Rawls director 1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens director 3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema officer: EVP & Chief Financial Officer 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston director, officer: CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel director, officer: CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi director C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089

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