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iFabric (iFabric) Equity-to-Asset

: 0.88 (As of Jun. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iFabric's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $17.63 Mil. iFabric's Total Assets for the quarter that ended in Jun. 2023 was $20.02 Mil. Therefore, iFabric's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.88.

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

IFABF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.69   Max: 0.88
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of iFabric was 0.88. The lowest was 0.53. And the median was 0.69.

IFABF's Equity-to-Asset is ranked better than
93.09% of 1085 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs IFABF: 0.88

iFabric Equity-to-Asset Historical Data

The historical data trend for iFabric'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.

iFabric Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.78 0.77 0.53 0.81

iFabric Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.78 0.83 0.82 0.87 0.88

Competitive Comparison

For the Apparel Manufacturing subindustry, iFabric'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.


iFabric Equity-to-Asset Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, iFabric's Equity-to-Asset distribution charts can be found below:

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



iFabric 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.

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

Equity to Asset (A: Sep. 2021 )=Total Stockholders Equity/Total Assets
=17.573/21.806
=0.81

iFabric's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=17.625/20.024
=0.88

* 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.


iFabric  (OTCPK:IFABF) 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%.


iFabric Equity-to-Asset Related Terms

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


iFabric (iFabric) Business Description

Traded in Other Exchanges
Address
525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8
iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.