FRMO (FRMO) Liabilities-to-Assets : 0.15 (As of May. 2014)

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What is FRMO Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. FRMO's Total Liabilities for the quarter that ended in May. 2014 was $16.39 Mil. FRMO's Total Assets for the quarter that ended in May. 2014 was $110.45 Mil. Therefore, FRMO's Liabilities-to-Assets Ratio for the quarter that ended in May. 2014 was 0.15.

FRMO Liabilities-to-Assets Historical Data

The historical data trend for FRMO's Liabilities-to-Assets 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.

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FRMO Liabilities-to-Assets Chart

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

Liabilities-to-Assets

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0.17

0.26

0.09

0.13

0.15

FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
Liabilities-to-Assets	Get a 7-Day Free Trial			0.17	0.26	0.09	0.13	0.15

Competitive Comparison of FRMO's Liabilities-to-Assets

For the Asset Management subindustry, FRMO's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

FRMO's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FRMO's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where FRMO's Liabilities-to-Assets falls into.

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FRMO Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

FRMO's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2014 is calculated as:

Liabilities-to-Assets (A: May. 2014 )	=	Total Liabilities	/	Total Assets
	=	16.393	/	110.445
	=	0.15

FRMO's Liabilities-to-Assets Ratio for the quarter that ended in May. 2014 is calculated as

Liabilities-to-Assets (Q: May. 2014 )	=	Total Liabilities	/	Total Assets
	=	16.393	/	110.445
	=	0.15

FRMO (OTCPK:FRMO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

FRMO Liabilities-to-Assets Related Terms

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FRMO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is an intellectual capital firm identifying and managing investment strategies and business opportunities.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527