GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Greenwich Financial Inc (OTCPK:FGFI) » Definitions » Equity-to-Asset

First Greenwich Financial (First Greenwich Financial) Equity-to-Asset : 0.09 (As of Sep. 2019)


View and export this data going back to 2019. Start your Free Trial

What is First Greenwich Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Greenwich Financial's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $34.15 Mil. First Greenwich Financial's Total Assets for the quarter that ended in Sep. 2019 was $391.55 Mil.

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

FGFI's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09
* Ranked among companies with meaningful Equity-to-Asset only.

First Greenwich Financial Equity-to-Asset Historical Data

The historical data trend for First Greenwich Financial'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.

First Greenwich Financial Equity-to-Asset Chart

First Greenwich Financial Annual Data
Trend
Equity-to-Asset

First Greenwich Financial Semi-Annual Data
Sep19
Equity-to-Asset 0.09

Competitive Comparison of First Greenwich Financial's Equity-to-Asset

For the Banks - Regional subindustry, First Greenwich Financial'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.


First Greenwich Financial's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Greenwich Financial's Equity-to-Asset distribution charts can be found below:

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



First Greenwich Financial 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.

First Greenwich Financial's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

First Greenwich Financial's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=34.145/391.549
=

* 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.


First Greenwich Financial  (OTCPK:FGFI) 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%.


First Greenwich Financial Equity-to-Asset Related Terms

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


First Greenwich Financial (First Greenwich Financial) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
444 East Putnam Avenue, Cos Cob, CT, USA, 06807
First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.

First Greenwich Financial (First Greenwich Financial) Headlines

No Headlines