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Fox Factory Holding (Fox Factory Holding) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Fox Factory Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fox Factory Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,222 Mil. Fox Factory Holding's Total Assets for the quarter that ended in Dec. 2023 was $2,242 Mil. Therefore, Fox Factory Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

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

FOXF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.56   Max: 0.69
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Fox Factory Holding was 0.69. The lowest was 0.50. And the median was 0.56.

FOXF's Equity-to-Asset is ranked better than
63.87% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FOXF: 0.55

Fox Factory Holding Equity-to-Asset Historical Data

The historical data trend for Fox Factory Holding'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.

Fox Factory Holding Equity-to-Asset Chart

Fox Factory Holding 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 0.69 0.56 0.59 0.69 0.55

Fox Factory Holding Quarterly Data
Mar19 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 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 0.69 0.64 0.67 0.74 0.55

Competitive Comparison of Fox Factory Holding's Equity-to-Asset

For the Auto Parts subindustry, Fox Factory Holding'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.


Fox Factory Holding's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fox Factory Holding's Equity-to-Asset distribution charts can be found below:

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



Fox Factory Holding 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.

Fox Factory Holding'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
=1221.761/2242.298
=0.54

Fox Factory Holding'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
=1221.761/2242.298
=0.54

* 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.


Fox Factory Holding  (NAS:FOXF) 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%.


Fox Factory Holding Equity-to-Asset Related Terms

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


Fox Factory Holding (Fox Factory Holding) Business Description

Traded in Other Exchanges
Address
2055 Sugarloaf Circle, Suite 300, Duluth, GA, USA, 30097
Fox Factory Holding Corp is a designer, manufacturer, and marketer of performance-defining products and systems used primarily on bikes, Side-by-Sides, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, ATVs, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. Its business operates under the FOX, FOX RACING SHOX, and RACE FACE brands. Geographically, it derives a majority of revenue from North Americas and also has a presence in Asia, Europe, and the Rest of the World.
Executives
Thomas E. Duncan director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Paul Stecher officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Michael C. Dennison director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Christopher Tutton officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Dennis Charles Schemm officer: CFO & Treasurer CONTINENTAL BUILDING PRODUCTS, 12950 WORLDGATE DRIVE, HERNDON VA 20170
Dudley W Mendenhall director 5818 EL CAMINO REAL, CARLSBAD CA 92008
Brendan Enick officer: Chief Accounting Officer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Maggie Elizabeth Torres officer: Interim CFO & Treasurer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Thomas L. Fletcher officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Elizabeth A Fetter director 1400 MARINA WAY SOUTH, RICHMOND CA 94804
Richard T. Winters officer: SEE REMARKS (A) C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Scott Randall Humphrey officer: CFO & TREASURER C/O FOX FACTORY HOLDING CORP., 6634 HIGHWAY 53, BRASELTON GA 30517
Toby D Merchant officer: Chief Legal Officer C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097
Larry L Enterline director, officer: Chief Executive Officer 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Sidney Johnson director C/O FOX FACTORY HOLDING CORP., 2055 SUGARLOAF CIRCLE, SUITE 300, DULUTH GA 30097