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Fuse Group Holding (Fuse Group Holding) Equity-to-Asset : -4.16 (As of Mar. 2024)


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What is Fuse Group Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fuse Group Holding's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-0.26 Mil. Fuse Group Holding's Total Assets for the quarter that ended in Mar. 2024 was $0.06 Mil. Therefore, Fuse Group Holding's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -4.16.

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

FUST' s Equity-to-Asset Range Over the Past 10 Years
Min: -9.95   Med: -0.14   Max: 1
Current: -4.16

During the past 9 years, the highest Equity to Asset Ratio of Fuse Group Holding was 1.00. The lowest was -9.95. And the median was -0.14.

FUST's Equity-to-Asset is ranked worse than
95.9% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FUST: -4.16

Fuse Group Holding Equity-to-Asset Historical Data

The historical data trend for Fuse Group Holding'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.

Fuse Group Holding Equity-to-Asset Chart

Fuse Group Holding Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.99 0.85 0.15 -3.96 -2.47

Fuse Group Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.39 -9.95 -2.47 -2.65 -4.16

Competitive Comparison of Fuse Group Holding's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Fuse Group Holding'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.


Fuse Group Holding's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fuse Group Holding's Equity-to-Asset distribution charts can be found below:

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



Fuse Group Holding 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.

Fuse Group Holding's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.178/0.072
=

Fuse Group Holding's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-0.258/0.062
=-4.16

* 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.


Fuse Group Holding  (OTCPK:FUST) 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%.


Fuse Group Holding Equity-to-Asset Related Terms

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


Fuse Group Holding (Fuse Group Holding) Business Description

Traded in Other Exchanges
N/A
Address
805 West, Duarte Road, Suite 102, Arcadia, CA, USA, 91007
Fuse Group Holding Inc provides consulting services to mining industry clients to find acquisition targets within the parameters set by the clients when the mine owner is considering selling its mining rights. The services of Fuse Group include due diligence on the potential mine seller and the mine, such as ownership of the mine and whether the mine meets all operational requirements and is currently in operation. Currently, the Company also seeks business opportunities in the biotech area.
Executives
Michael J Viotto director, officer: Chief Finanical Officer 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Umesh Patel director, officer: CEO, President 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Landbond Home Ltd 10 percent owner UNIT-B, 19/F HILLER COMMERCIAL BLDG, 89-91 WING LOK STREET, SHEUNG WAN K3 000000000

Fuse Group Holding (Fuse Group Holding) Headlines