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Fenbo Holdings (Fenbo Holdings) Equity-to-Asset : 0.58 (As of Dec. 2023)


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What is Fenbo Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fenbo Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7.65 Mil. Fenbo Holdings's Total Assets for the quarter that ended in Dec. 2023 was $13.19 Mil.

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

FEBO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.42   Max: 0.58
Current: 0.58

During the past 4 years, the highest Equity to Asset Ratio of Fenbo Holdings was 0.58. The lowest was 0.37. And the median was 0.42.

FEBO's Equity-to-Asset is ranked better than
52.83% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs FEBO: 0.58

Fenbo Holdings Equity-to-Asset Historical Data

The historical data trend for Fenbo Holdings'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.

Fenbo Holdings Equity-to-Asset Chart

Fenbo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.37 0.40 0.45 0.58

Fenbo Holdings Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial - 0.39 0.45 0.43 0.58

Competitive Comparison of Fenbo Holdings's Equity-to-Asset

For the Consumer Electronics subindustry, Fenbo Holdings'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.


Fenbo Holdings's Equity-to-Asset Distribution in the Hardware Industry

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

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



Fenbo Holdings 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.

Fenbo Holdings'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
=7.654/13.186
=0.58

Fenbo Holdings'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
=7.654/13.186
=

* 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.


Fenbo Holdings  (NAS:FEBO) 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%.


Fenbo Holdings Equity-to-Asset Related Terms

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


Fenbo Holdings (Fenbo Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit J, 19/F, World Tech Centre, 95 How Ming Street, Kwun Tong, Kowloon, HKG
Fenbo Holdings Ltd is a company engaged in producing premium personal care electric appliances principally electrical hair styling products such as straighteners, curlers, trimmers, etc. and toys products to overseas markets. They manufacture and sell products such as Straightener, Mini Straightener and Curling Iron.