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Fisker (Fisker) Equity-to-Asset : -0.05 (As of Dec. 2023)


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What is Fisker Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fisker's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-98.1 Mil. Fisker's Total Assets for the quarter that ended in Dec. 2023 was $1,831.7 Mil. Therefore, Fisker's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.05.

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

FSRN' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.95   Med: 0.32   Max: 0.85
Current: -0.05

During the past 6 years, the highest Equity to Asset Ratio of Fisker was 0.85. The lowest was -2.95. And the median was 0.32.

FSRN's Equity-to-Asset is ranked worse than
96.12% of 1313 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs FSRN: -0.05

Fisker Equity-to-Asset Historical Data

The historical data trend for Fisker'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.

Fisker Equity-to-Asset Chart

Fisker Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial -2.95 0.85 0.50 0.32 -0.05

Fisker Quarterly Data
Dec18 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 Premium Member Only 0.32 0.27 0.25 0.14 -0.05

Competitive Comparison of Fisker's Equity-to-Asset

For the Auto Manufacturers subindustry, Fisker'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.


Fisker's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fisker's Equity-to-Asset distribution charts can be found below:

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



Fisker 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.

Fisker'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
=-98.082/1831.687
=-0.05

Fisker'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
=-98.082/1831.687
=-0.05

* 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.


Fisker  (OTCPK:FSRN) 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%.


Fisker Equity-to-Asset Related Terms

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


Fisker (Fisker) Business Description

Traded in Other Exchanges
Address
1888 Rosecrans Avenue, Manhattan Beach, CA, USA, 90266
Fisker Inc is revolutionizing the automotive industry by developing emotionally desirable and eco-friendly electric vehicles on Earth. The company is an e-mobility service provider with sustainable vehicles.
Executives
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Burkhard J. Huhnke officer: Chief Technology Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Fifthdelta Ltd 10 percent owner 15 SACKVILLE STREET, 1ST FLOOR, LONDON X0 W1S 3DJ
Finnucan John C Iv officer: Chief Accounting Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Henrik Fisker director, officer: President & CEO C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Wendy J. Greuel director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Mitchell Zuklie director C/O FISKER INC., 1888 ROSECRANS AVENUE, MANHATTAN BEACH CA 90266
Mark E Hickson director 700 UNIVERSE BLVD, JUNO BEACH FL 33408
William R Mcdermott director 2225 LAWSON LANE, SANTA CLARA CA 95054
Geeta Gupta director, officer: Chief Financial Officer C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Roderick K. Randall director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Nadine I Watt director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019

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