Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AFC Gamma's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $320.05 Mil. AFC Gamma's Total Assets for the quarter that ended in Dec. 2023 was $466.59 Mil.
Therefore, AFC Gamma's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.69.
The historical rank and industry rank for AFC Gamma's Equity-to-Asset or its related term are showing as below:
AFCG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.67 Max: 0.98
Current: 0.69
During the past 4 years, the highest Equity to Asset Ratio of AFC Gamma was 0.98. The lowest was 0.59. And the median was 0.67.
AFCG's Equity-to-Asset is ranked better than 69.29% of 863
companies
in the REITs industry
Industry Median: 0.57
vs AFCG: 0.69
AFC Gamma Equity-to-Asset Historical Data
The historical data trend for AFC Gamma'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 AFC Gamma's Equity-to-Asset
For the REIT - Specialty subindustry, AFC Gamma'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.
AFC Gamma's Equity-to-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, AFC Gamma's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where AFC Gamma's Equity-to-Asset falls into.
AFC Gamma 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.
AFC Gamma's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
AFC Gamma (NAS:AFCG) 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%.
AFC Gamma Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of AFC Gamma's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
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