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Filipino Fund (PHS:FFI) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Filipino Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Filipino Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱214.25 Mil. Filipino Fund's Total Assets for the quarter that ended in Dec. 2023 was ₱216.04 Mil. Therefore, Filipino Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

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

PHS:FFI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 0.99   Max: 0.99
Current: 0.99

During the past 7 years, the highest Equity to Asset Ratio of Filipino Fund was 0.99. The lowest was 0.99. And the median was 0.99.

PHS:FFI's Equity-to-Asset is ranked better than
90.43% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs PHS:FFI: 0.99

Filipino Fund Equity-to-Asset Historical Data

The historical data trend for Filipino Fund'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.

Filipino Fund Equity-to-Asset Chart

Filipino Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.99 0.99 0.99 0.99

Filipino Fund Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.99 0.99 0.99 0.99 0.99

Competitive Comparison of Filipino Fund's Equity-to-Asset

For the Asset Management subindustry, Filipino Fund'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.


Filipino Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Filipino Fund's Equity-to-Asset distribution charts can be found below:

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



Filipino Fund 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.

Filipino Fund'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
=214.246/216.036
=0.99

Filipino Fund'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
=214.246/216.036
=0.99

* 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.


Filipino Fund  (PHS:FFI) 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%.


Filipino Fund Equity-to-Asset Related Terms

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


Filipino Fund (PHS:FFI) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 28th Street, Units 1911-1912, 19th Floor, PSE Tower, Bonifacio Global City, Taguig, PHL, 1630
Filipino Fund Inc is a closed-end investment company. It invests in the funds investing in public equity and fixed income markets. Geographically, the activities are carried out through the region of the Philippines.

Filipino Fund (PHS:FFI) Headlines

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