FRMO (FRMO) Equity-to-Asset : 0.85 (As of May. 2014)

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What is FRMO Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FRMO's Total Stockholders Equity for the quarter that ended in May. 2014 was $94.05 Mil. FRMO's Total Assets for the quarter that ended in May. 2014 was $110.45 Mil. Therefore, FRMO's Equity to Asset Ratio for the quarter that ended in May. 2014 was 0.85.

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

FRMO's Equity-to-Asset is not ranked ^*
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

FRMO Equity-to-Asset Historical Data

The historical data trend for FRMO'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.

FRMO Equity-to-Asset Chart

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

Equity-to-Asset

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0.83

0.74

0.92

0.87

0.85

FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
Equity-to-Asset	Get a 7-Day Free Trial			0.83	0.74	0.92	0.87	0.85

Competitive Comparison of FRMO's Equity-to-Asset

For the Asset Management subindustry, FRMO'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.

FRMO's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FRMO's Equity-to-Asset distribution charts can be found below:

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

FRMO 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.

FRMO's Equity to Asset Ratio for the fiscal year that ended in May. 2014 is calculated as

Equity to Asset (A: May. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	94.051	/	110.445
	=	0.85

FRMO's Equity to Asset Ratio for the quarter that ended in May. 2014 is calculated as

Equity to Asset (Q: May. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	94.051	/	110.445
	=	0.85

FRMO (OTCPK:FRMO) 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%.

FRMO Equity-to-Asset Related Terms

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

FRMO (FRMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is focused its activities on making strategic investments in public and private companies.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527