FLJ Group (FLJ Group) Equity-to-Asset : -7.51 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is FLJ Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FLJ Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-88.17 Mil. FLJ Group's Total Assets for the quarter that ended in Sep. 2023 was $11.74 Mil. Therefore, FLJ Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -7.51.

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

FLJ' s Equity-to-Asset Range Over the Past 10 Years
Min: -7.51 Med: -2.36 Max: -0.72
Current: -7.51

During the past 7 years, the highest Equity to Asset Ratio of FLJ Group was -0.72. The lowest was -7.51. And the median was -2.36.

FLJ's Equity-to-Asset is ranked worse than
99.62% of 1832 companies
in the Real Estate industry
Industry Median: 0.445 vs FLJ: -7.51

FLJ Group Equity-to-Asset Historical Data

The historical data trend for FLJ 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.

* Premium members only.

FLJ Group Equity-to-Asset Chart

FLJ Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

Get a 7-Day Free Trial

-1.25

-2.36

-6.61

-6.00

-7.51

FLJ Group Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial							-6.61	-18.82	-6.00	-1.18	-7.51

Competitive Comparison of FLJ Group's Equity-to-Asset

For the Real Estate Services subindustry, FLJ 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.

FLJ Group's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FLJ Group's Equity-to-Asset distribution charts can be found below:

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

FLJ 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.

FLJ Group'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
	=	-88.166	/	11.737
	=

FLJ Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-88.166	/	11.737
	=	-7.51

FLJ Group (NAS:FLJ) 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%.

FLJ Group Equity-to-Asset Related Terms

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

FLJ Group (FLJ Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FLJ Group Ltd (NAS:FLJ) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, Gongping Road, 2nd Floor, Building 5, Hongkou District, Shanghai, CHN, 200082

Website

http://www.qk365.com

FLJ Group Ltd is engaged in providing an apartment rental platform in China. The company leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. It cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.