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FirstEnergy Equity-to-Asset

: 0.24 (As of Jun. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FirstEnergy's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $10,858 Mil. FirstEnergy's Total Assets for the quarter that ended in Jun. 2022 was $45,120 Mil. Therefore, FirstEnergy's Equity to Asset Ratio for the quarter that ended in Jun. 2022 was 0.24.

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

FE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.25   Max: 0.29
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of FirstEnergy was 0.29. The lowest was 0.09. And the median was 0.25.

FE's Equity-to-Asset is ranked worse than
77.92% of 480 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs FE: 0.24

FirstEnergy Equity-to-Asset Historical Data

The historical data trend for FirstEnergy'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.

FirstEnergy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.17 0.17 0.16 0.19

FirstEnergy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.19 0.20 0.24

Competitive Comparison

For the Utilities - Regulated Electric subindustry, FirstEnergy'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.

   

FirstEnergy Equity-to-Asset Distribution

For the Utilities - Regulated industry and Utilities sector, FirstEnergy's Equity-to-Asset distribution charts can be found below:

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



FirstEnergy 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.

FirstEnergy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=8675/45432
=0.19

FirstEnergy's Equity to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Equity to Asset (Q: Jun. 2022 )=Total Stockholders Equity/Total Assets
=10858/45120
=0.24

* 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.


FirstEnergy  (NYSE:FE) 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%.


FirstEnergy Equity-to-Asset Related Terms

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


FirstEnergy Business Description

FirstEnergy logo
Address
76 South Main Street, Akron, OH, USA, 44308
FirstEnergy is one of the largest investor-owned utilities in the United States with 10 regulated distribution companies across six mid-Atlantic and Midwestern states. FirstEnergy also owns and operates one of the nation's largest electric transmission systems with 24,000 miles of lines.
Executives
Croom Jana T director 1205 KIMBALL BLVD. JASPER IN 47546
Klimczak Sean director C/O THE BLACKSTONE GROUP 345 PARK AVE. NEW YORK NY 10154
Hicks Lisa Winston director 76 S. MAIN ST AKRON OH 44308
Kaleta Paul J director P O BOX 30150 RENO NV 89520
Williams Melvin D. director 76 SOUTH MAIN STREET AKRON OH 44308
Teno Andrew director C/O FIR TREE INC. 55 WEST 46TH STREET, 29TH FLOOR NEW YORK NY 10036
Lynn Jesse director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Somerhalder John W Ii director, officer: Vice Chair & Exec Director 76 SOUTH MAIN STREET AKRON OH 44308
Park Hyun officer: SVP & CLO 76 SOUTH MAIN STREET AKRON OH 44308
Turner Leslie M director THE HERSHEY COMPANY 100 CRYSTAL A DRIVE HERSHEY PA 17036
Mikkelsen Eileen officer: VP, Rates & Regulatory Affairs 76 SOUTH MAIN STREET AKRON OH 44308
Prezelj Irena officer: VP, Investor Relations 76 SOUTH MAIN STREET AKRON OH 44308
Walker Christine officer: VP, Human Resources 76 SOUTH MAIN STREET AKRON OH 44308
Belcher Samuel officer: SVP & President, FE Utilities 76 SOUTH MAIN STREET AKRON OH 44308
Lisowski Jason officer: VP, Controller & CAO 76 SOUTH MAIN STREET AKRON OH 44333

FirstEnergy Headlines

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