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Flexpoint Sensor Systems (Flexpoint Sensor Systems) Equity-to-Asset : 0.05 (As of Dec. 2023)


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What is Flexpoint Sensor Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flexpoint Sensor Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.25 Mil. Flexpoint Sensor Systems's Total Assets for the quarter that ended in Dec. 2023 was $5.22 Mil. Therefore, Flexpoint Sensor Systems's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

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

FLXT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.41   Max: 0.85
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Flexpoint Sensor Systems was 0.85. The lowest was 0.05. And the median was 0.41.

FLXT's Equity-to-Asset is ranked worse than
95.78% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs FLXT: 0.05

Flexpoint Sensor Systems Equity-to-Asset Historical Data

The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Equity-to-Asset Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.40 0.26 0.20 0.05

Flexpoint Sensor Systems Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only 0.20 0.16 0.12 0.08 0.05

Competitive Comparison of Flexpoint Sensor Systems's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Flexpoint Sensor Systems'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.


Flexpoint Sensor Systems's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Flexpoint Sensor Systems's Equity-to-Asset distribution charts can be found below:

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



Flexpoint Sensor Systems 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.

Flexpoint Sensor Systems'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
=0.254/5.224
=0.05

Flexpoint Sensor Systems'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
=0.254/5.224
=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.


Flexpoint Sensor Systems  (OTCPK:FLXT) 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%.


Flexpoint Sensor Systems Equity-to-Asset Related Terms

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


Flexpoint Sensor Systems (Flexpoint Sensor Systems) Business Description

Traded in Other Exchanges
N/A
Address
5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor, and USB Bend Sensor Kit.
Executives
Clark M Mower director, officer: President, CEO 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Thomas N Strong officer: CFO/comptroller & Sec./Treas. 106 WEST BUSINESS PARK DRIVE, DRAPER UT 84020
Atkinson B Fred Jr officer: Secretary/Treasurer 106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Gill Ruland J Jr director 532 HERITAGE DRIVE, BOUNTIFUL UT 84010
John A Sindt director 47 E 7200 SOUTH, #201, MIDVALE UT 84047
Donald E Shelley other: Former Sec./Treas. 160 W 1200 S, DRAPER UT 84020
First Equity Holdings Corp 10 percent owner 2157 S LINCOLN ST, SALT LAKE CITY UT 84106

Flexpoint Sensor Systems (Flexpoint Sensor Systems) Headlines

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