GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EXFO Inc (NAS:EXFO) » Definitions » Equity-to-Asset

EXFO (EXFO) Equity-to-Asset : 0.61 (As of May. 2021)


View and export this data going back to 2000. Start your Free Trial

What is EXFO Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EXFO's Total Stockholders Equity for the quarter that ended in May. 2021 was $186.1 Mil. EXFO's Total Assets for the quarter that ended in May. 2021 was $305.2 Mil. Therefore, EXFO's Equity to Asset Ratio for the quarter that ended in May. 2021 was 0.61.

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

EXFO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.83   Max: 0.96
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of EXFO was 0.96. The lowest was 0.50. And the median was 0.83.

EXFO's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs EXFO: 0.61

EXFO Equity-to-Asset Historical Data

The historical data trend for EXFO'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.

EXFO Equity-to-Asset Chart

EXFO Annual Data
Trend Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.76 0.63 0.62 0.56

EXFO Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 0.56 0.56 0.61 0.61 0.61

Competitive Comparison of EXFO's Equity-to-Asset

For the Communication Equipment subindustry, EXFO'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.


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

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

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



EXFO 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.

EXFO's Equity to Asset Ratio for the fiscal year that ended in Aug. 2020 is calculated as

Equity to Asset (A: Aug. 2020 )=Total Stockholders Equity/Total Assets
=172.563/310.654
=0.56

EXFO's Equity to Asset Ratio for the quarter that ended in May. 2021 is calculated as

Equity to Asset (Q: May. 2021 )=Total Stockholders Equity/Total Assets
=186.095/305.223
=0.61

* 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.


EXFO  (NAS:EXFO) 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%.


EXFO Equity-to-Asset Related Terms

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


EXFO (EXFO) Business Description

Traded in Other Exchanges
N/A
Address
400 Godin Avenue, Quebec, QC, CAN, G1M 2K2
EXFO Inc provides technology solutions for wireless and wireline network operators across the telecom industry. The company serves the communications service providers (CSPs) and data center, cloud and webscale operators with a field test, service assurance and analytics solutions, maintenance, and management of mobile networks. It offers test and service assurance solutions for 2G, 3G, and 4G/long-term evolution wireless networks. EXFO operates across the Americas where it generates the majority of its revenues, Europe, the Middle East and Africa (EMEA), and Asia-Pacific.

EXFO (EXFO) Headlines

From GuruFocus

EXFO Inc. Files Amended Schedule 13E-3

By PRNewswire PRNewswire 08-13-2021

EXFO Announces Election of Directors

By PRNewswire PRNewswire 01-14-2021

EXFO's Shareholders Overwhelmingly Approve the Arrangement

By PRNewswire PRNewswire 08-13-2021

EXFO solves video streaming problems for service providers

By PRNewswire PRNewswire 12-03-2020

EXFO solves video streaming problems for service providers

By PRNewswire PRNewswire 12-03-2020

/C O R R E C T I O N from Source -- EXFO Inc./

By PRNewswire PRNewswire 12-03-2020