The historical rank and industry rank for Firan Technology Group's Equity-to-Asset or its related term are showing as below:
TSX:FTG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.56 Max: 0.65
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Firan Technology Group was 0.65. The lowest was 0.45. And the median was 0.56.
TSX:FTG's Equity-to-Asset is ranked better than 55.56% of 315
companies
in the Aerospace & Defense industry
Industry Median: 0.45
vs TSX:FTG: 0.49
Firan Technology Group Equity-to-Asset Historical Data
The historical data trend for Firan Technology 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.
Competitive Comparison of Firan Technology Group's Equity-to-Asset
For the Aerospace & Defense subindustry, Firan Technology 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.
Firan Technology Group's Equity-to-Asset Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Firan Technology Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Firan Technology Group's Equity-to-Asset falls into.
Firan Technology 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.
Firan Technology Group's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as
* 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.
Firan Technology Group (TSX:FTG) 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%.
Firan Technology Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Firan Technology Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Firan Technology Group (TSX:FTG) Business Description
Firan Technology Group Corp is a supplier of aerospace and defense electronic products and subsystems. It has two operating segments namely FTG Circuits and FTG Aerospace. FTG Circuits manufactures printed circuit boards within the marketplace globally. FTG Aerospace designs and manufactures illuminated cockpit panels, keyboards, bezels, sub-assemblies, and assemblies for original equipment manufacturers of avionics products and for airframe manufacturers. The company operates in Canada, the United States, Asia, and Europe and generates substantial sales from the United States. The majority of revenue is from the Circuit segment.
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