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Fatfish Group (ASX:FFG) Equity-to-Asset : -0.81 (As of Dec. 2023)


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What is Fatfish Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fatfish Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-12.38 Mil. Fatfish Group's Total Assets for the quarter that ended in Dec. 2023 was A$15.34 Mil. Therefore, Fatfish Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.81.

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

ASX:FFG' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.96   Med: 0.69   Max: 0.97
Current: -0.81

During the past 13 years, the highest Equity to Asset Ratio of Fatfish Group was 0.97. The lowest was -0.96. And the median was 0.69.

ASX:FFG's Equity-to-Asset is ranked worse than
97.03% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs ASX:FFG: -0.81

Fatfish Group Equity-to-Asset Historical Data

The historical data trend for Fatfish Group'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.

Fatfish Group Equity-to-Asset Chart

Fatfish Group Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.97 0.69 -0.96 -0.81

Fatfish Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 -0.43 -0.96 -1.00 -0.81

Competitive Comparison of Fatfish Group's Equity-to-Asset

For the Capital Markets subindustry, Fatfish Group'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.


Fatfish Group's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Fatfish Group's Equity-to-Asset distribution charts can be found below:

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



Fatfish Group 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.

Fatfish Group'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
=-12.384/15.337
=-0.81

Fatfish Group'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
=-12.384/15.337
=-0.81

* 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.


Fatfish Group  (ASX:FFG) 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%.


Fatfish Group Equity-to-Asset Related Terms

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


Fatfish Group (ASX:FFG) Business Description

Traded in Other Exchanges
Address
91 William Street, Level 4, Melbourne, VIC, AUS, 3000
Fatfish Group Ltd is a global tech venture investment and development company. The company has regrouped operating segments in Incubator services, Digital currency mining, BNPL and Insurtech services Geographically the company caters its services in Australia, Singapore and British Virgin Island which drives the majority of revenue for the company.

Fatfish Group (ASX:FFG) Headlines

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