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Fountain Set (Holdings) (FRA:FOV) Equity-to-Asset : 0.67 (As of Dec. 2023)


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What is Fountain Set (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fountain Set (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was €383.8 Mil. Fountain Set (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was €575.4 Mil. Therefore, Fountain Set (Holdings)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Fountain Set (Holdings)'s Equity-to-Asset or its related term are showing as below:

FRA:FOV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.62   Max: 0.67
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Fountain Set (Holdings) was 0.67. The lowest was 0.57. And the median was 0.62.

FRA:FOV's Equity-to-Asset is ranked better than
71.03% of 1084 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs FRA:FOV: 0.67

Fountain Set (Holdings) Equity-to-Asset Historical Data

The historical data trend for Fountain Set (Holdings)'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.

Fountain Set (Holdings) Equity-to-Asset Chart

Fountain Set (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.63 0.62 0.64 0.67

Fountain Set (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.60 0.64 0.66 0.67

Competitive Comparison of Fountain Set (Holdings)'s Equity-to-Asset

For the Textile Manufacturing subindustry, Fountain Set (Holdings)'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.


Fountain Set (Holdings)'s Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fountain Set (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fountain Set (Holdings)'s Equity-to-Asset falls into.



Fountain Set (Holdings) 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.

Fountain Set (Holdings)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=383.758/575.44
=0.67

Fountain Set (Holdings)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=383.758/575.44
=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.


Fountain Set (Holdings)  (FRA:FOV) 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%.


Fountain Set (Holdings) Equity-to-Asset Related Terms

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


Fountain Set (Holdings) (FRA:FOV) Business Description

Traded in Other Exchanges
Address
29-39 Kwai Cheong Road, Block A, 6th Floor, Eastern Sea Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Fountain Set (Holdings) Ltd and its subsidiaries are circularly knitted fabric manufacturers. It provides vertically integrated operations in fabric knitting, dyeing, printing, and finishing. In addition, the group's product range also includes garments. The company supplies knitted fabric to garment manufacturers for apparel products like sportswear, casual wear, sleepwear, and innerwear. The operating segments of the company are the production and sales of dyed fabrics and yarns, and the Production and sales of garments. The group operates in Hong Kong, China, Taiwan, Korea, Sri Lanka, America, Europe, and Others.

Fountain Set (Holdings) (FRA:FOV) Headlines

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