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Fractyl Health (Fractyl Health) Equity-to-Asset : -4.27 (As of Dec. 2023)


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What is Fractyl Health Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fractyl Health's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-325.06 Mil. Fractyl Health's Total Assets for the quarter that ended in Dec. 2023 was $76.21 Mil. Therefore, Fractyl Health's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -4.27.

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

GUTS' s Equity-to-Asset Range Over the Past 10 Years
Min: -16.12   Med: -4.27   Max: -2.04
Current: -4.27

During the past 5 years, the highest Equity to Asset Ratio of Fractyl Health was -2.04. The lowest was -16.12. And the median was -4.27.

GUTS's Equity-to-Asset is ranked worse than
96.3% of 1567 companies
in the Biotechnology industry
Industry Median: 0.66 vs GUTS: -4.27

Fractyl Health Equity-to-Asset Historical Data

The historical data trend for Fractyl Health'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.

Fractyl Health Equity-to-Asset Chart

Fractyl Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-16.12 -4.97 -2.04 -4.14 -4.27

Fractyl Health Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - -4.14 -7.58 -5.41 -4.27

Competitive Comparison of Fractyl Health's Equity-to-Asset

For the Biotechnology subindustry, Fractyl Health'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.


Fractyl Health's Equity-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Fractyl Health's Equity-to-Asset distribution charts can be found below:

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



Fractyl Health 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.

Fractyl Health'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
=-325.062/76.212
=-4.27

Fractyl Health'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
=-325.062/76.212
=-4.27

* 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.


Fractyl Health  (NAS:GUTS) 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%.


Fractyl Health Equity-to-Asset Related Terms

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


Fractyl Health (Fractyl Health) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
17 Hartwell Avenue, Lexington, MA, USA, 02421
Fractyl Health Inc is a metabolic therapeutics company focused on pioneering new approaches to the treatment of metabolic diseases, including type 2 diabetes and obesity.