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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Affirm Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,635 Mil. Affirm Holdings's Total Assets for the quarter that ended in Dec. 2023 was $9,065 Mil. Therefore, Affirm Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.
The historical rank and industry rank for Affirm Holdings's Equity-to-Asset or its related term are showing as below:
During the past 5 years, the highest Equity to Asset Ratio of Affirm Holdings was 0.53. The lowest was -0.26. And the median was 0.34.
The historical data trend for Affirm 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.
Affirm Holdings Annual Data | |||||||||||
Trend | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | ||||||
Equity-to-Asset | -0.23 | -0.26 | 0.53 | 0.38 | 0.31 |
Affirm Holdings Quarterly Data | |||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.32 | 0.33 | 0.31 | 0.31 | 0.29 |
For the Software - Infrastructure subindustry, Affirm 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.
For the Software industry and Technology sector, Affirm Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Affirm Holdings's Equity-to-Asset falls into.
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.
Affirm Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
Equity to Asset (A: Jun. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 2534.183 | / | 8155.615 | |
= | 0.31 |
Affirm 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 |
= | 2634.884 | / | 9064.989 | |
= | 0.29 |
* 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.
Affirm Holdings (NAS:AFRM) 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%.
Thank you for viewing the detailed overview of Affirm Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Linford | officer: Chief Financial Officer | 3000 HANOVER STREET, PALO ALTO CA 94304 |
Gic Private Ltd | 10 percent owner | 168 ROBINSON ROAD, #37-01 CAPITAL TOWER, SINGAPORE U0 068912 |
Rodriquez Manuel Sanchez | director | C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005 |
Keith Rabois | director | C/O YELP! INC., 706 MISSION ST., SAN FRANCISCO CA 94103 |
Noel Bertram Watson | director | 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494 |
Jenny J Ming | director | |
James D White | director | C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016 |
Jacqueline D Reses | director | C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103 |
Katherine Adkins | officer: Chief Legal Officer | C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108 |
Jeremy Liew | director | 2200 SAND HILL ROAD, MENLO PARK CA 94025 |
Jeremy Philips | director | C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464 |
Siphelele Jiyane | officer: Vice President, Controller | C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108 |
Libor Michalek | officer: President, Technology | C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108 |
Silvija Martincevic | officer: Chief Commercial Officer | C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108 |
Sandeep Bhandari | officer: Chief Risk & Strategy Officer | 71 STEVENSON STREET SUITE 300, SAN FRANCISCO CA 94105 |
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