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Fastly (Fastly) Equity-to-Asset

: 0.64 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fastly's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $979.5 Mil. Fastly's Total Assets for the quarter that ended in Dec. 2023 was $1,525.2 Mil. Therefore, Fastly's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

FSLY' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.92   Med: 0.5   Max: 0.87
Current: 0.64

During the past 7 years, the highest Equity to Asset Ratio of Fastly was 0.87. The lowest was -0.92. And the median was 0.50.

FSLY's Equity-to-Asset is ranked better than
63.11% of 2838 companies
in the Software industry
Industry Median: 0.55 vs FSLY: 0.64

Fastly Equity-to-Asset Historical Data

The historical data trend for Fastly'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.

Fastly Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only 0.80 0.87 0.47 0.50 0.64

Fastly 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 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 0.50 0.52 0.60 0.59 0.64

Competitive Comparison

For the Software - Application subindustry, Fastly'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.


Fastly Equity-to-Asset Distribution

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

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



Fastly 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.

Fastly'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
=979.488/1525.191
=0.64

Fastly'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
=979.488/1525.191
=0.64

* 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.


Fastly  (NYSE:FSLY) 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%.


Fastly Equity-to-Asset Related Terms

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


Fastly (Fastly) Business Description

Traded in Other Exchanges
Address
475 Brannan Street, Suite 300, San Francisco, CA, USA, 94107
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2022.
Executives
Ronald W Kisling officer: Chief Financial Officer 2400 BRIDGE PARKWAY, REDWOOD SHORES CA 940651166
Artur Bergman director, 10 percent owner, officer: Chief Executive Officer C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Brett Shirk officer: Chief Revenue Officer 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Todd Nightingale director, officer: CEO C/O FASTLY, INC., 475 BRANNAN SUITE 300, SAN FRANCISCO CA 94107
David Hornik director, 10 percent owner 2480 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Joshua Bixby officer: President C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Richard Devon Daniels director 3005 TASMAN DRIVE, SANTA CLARA CA 95054
Paul Luongo officer: General Counsel C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Vanessa C. Smith director C/O FASTLY, 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Adriel G Lares officer: Chief Financial Officer C/O FASTLY, INC., 475 BRANNAN STREET, SUITE 300, SAN FRANCISCO CA 94107
Charles J Meyers director 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Paula Loop director C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Abdiel Qualified Master Fund Lp 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Lp 10 percent owner C/O ABDIEL CAPITAL ADVISORS, LP, 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016