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Frontier Digital Ventures (ASX:FDV) Equity-to-Asset : 0.87 (As of Dec. 2023)


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What is Frontier Digital Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Frontier Digital Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$130.08 Mil. Frontier Digital Ventures's Total Assets for the quarter that ended in Dec. 2023 was A$148.88 Mil. Therefore, Frontier Digital Ventures's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.

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

ASX:FDV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.88   Max: 0.94
Current: 0.87

During the past 8 years, the highest Equity to Asset Ratio of Frontier Digital Ventures was 0.94. The lowest was 0.59. And the median was 0.88.

ASX:FDV's Equity-to-Asset is ranked better than
86.45% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs ASX:FDV: 0.87

Frontier Digital Ventures Equity-to-Asset Historical Data

The historical data trend for Frontier Digital Ventures'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.

Frontier Digital Ventures Equity-to-Asset Chart

Frontier Digital Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.94 0.91 0.59 0.68 0.87

Frontier Digital Ventures Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.66 0.68 0.85 0.87

Competitive Comparison of Frontier Digital Ventures's Equity-to-Asset

For the Internet Content & Information subindustry, Frontier Digital Ventures'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.


Frontier Digital Ventures's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Frontier Digital Ventures's Equity-to-Asset distribution charts can be found below:

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



Frontier Digital Ventures 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.

Frontier Digital Ventures'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
=130.081/148.875
=0.87

Frontier Digital Ventures'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
=130.081/148.875
=0.87

* 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.


Frontier Digital Ventures  (ASX:FDV) 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%.


Frontier Digital Ventures Equity-to-Asset Related Terms

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


Frontier Digital Ventures (ASX:FDV) Business Description

Traded in Other Exchanges
N/A
Address
39-8, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200
Frontier Digital Ventures Ltd develops online classifieds businesses in underdeveloped, emerging countries or regions. It deals in property verticals, automotive verticals, and general classified websites.

Frontier Digital Ventures (ASX:FDV) Headlines

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