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FIGS (FIGS) Equity-to-Asset : 0.80 (As of Dec. 2023)


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What is FIGS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FIGS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $376.9 Mil. FIGS's Total Assets for the quarter that ended in Dec. 2023 was $473.2 Mil. Therefore, FIGS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.

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

FIGS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.78   Max: 0.8
Current: 0.8

During the past 5 years, the highest Equity to Asset Ratio of FIGS was 0.80. The lowest was 0.62. And the median was 0.78.

FIGS's Equity-to-Asset is ranked better than
85.73% of 1086 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs FIGS: 0.80

FIGS Equity-to-Asset Historical Data

The historical data trend for FIGS'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.

FIGS Equity-to-Asset Chart

FIGS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.62 0.73 0.79 0.78 0.80

FIGS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.83 0.82 0.80 0.80

Competitive Comparison of FIGS's Equity-to-Asset

For the Apparel Manufacturing subindustry, FIGS'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.


FIGS's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, FIGS's Equity-to-Asset distribution charts can be found below:

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



FIGS 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.

FIGS'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
=376.85/473.209
=0.80

FIGS'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
=376.85/473.209
=0.80

* 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.


FIGS  (NYSE:FIGS) 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%.


FIGS Equity-to-Asset Related Terms

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


FIGS (FIGS) Business Description

Traded in Other Exchanges
N/A
Address
2834 Colorado Avenue, Suite 100, Santa Monica, CA, USA, 90404
FIGS Inc is a healthcare apparel company. It offers more fitted scrubs for men and women made of its proprietary fabric FIONx, which provides four-way stretch and has anti-odor, anti-wrinkle and moisture-wicking properties.
Executives
Daniella Turenshine officer: Chief Financial Officer C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Heather L. Hasson director, 10 percent owner, officer: Co-Chief Executive Officer C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Mario Jesus Marte director C/O CHEWY, INC., 7700 WEST SUNRISE BLVD, PLANTATION FL 33322
Catherine Eva Spear director, 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129
Michael J Soenen director C/O FIGS INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Thomas Tull 10 percent owner 27 N. WACKER DRIVE #523, CHICAGO IL 60606
Jeffrey A Wilke director PO BOX 81226, SEATTLE WA 98108-1226
Alan G Lafley director C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Kenneth Jian-hong Lin director C/O FIGS, INC., 2834 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Tulco, Llc 10 percent owner 1000 COMMERCE DRIVE, 2ND FLOOR, PITTSBURGH PA 15275
Viking Global Investors Lp 10 percent owner 600 WASHINGTON BLVD., FLOOR 11, STAMFORD CT 06901
Sheila Antrum director 5830 GRANITE PARKWAY, SUITE 1150, PLANO TX 75024
John Martin Willhite director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Christopher Peter Varelas director C/O FIGS, INC., 2824 COLORADO AVENUE, SUITE 100, SANTA MONICA CA 90404
Jeffrey D Lawrence officer: Chief Financial Officer 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105