FendX Technologies (XCNQ:FNDX) Equity-to-Asset : 0.08 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is FendX Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FendX Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$0.04 Mil. FendX Technologies's Total Assets for the quarter that ended in Dec. 2023 was C$0.56 Mil.

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

XCNQ:FNDX' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.35 Med: 0.08 Max: 0.69
Current: 0.08

During the past 3 years, the highest Equity to Asset Ratio of FendX Technologies was 0.69. The lowest was -4.35. And the median was 0.08.

XCNQ:FNDX's Equity-to-Asset is ranked worse than
96.75% of 1569 companies
in the Chemicals industry
Industry Median: 0.59 vs XCNQ:FNDX: 0.08

FendX Technologies Equity-to-Asset Historical Data

The historical data trend for FendX Technologies'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.

FendX Technologies Equity-to-Asset Chart

FendX Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.69

-4.35

0.08

FendX Technologies Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial				-4.35	0.90	0.91	0.84	0.08

Competitive Comparison of FendX Technologies's Equity-to-Asset

For the Specialty Chemicals subindustry, FendX Technologies'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.

FendX Technologies's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FendX Technologies's Equity-to-Asset distribution charts can be found below:

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

FendX Technologies 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.

FendX Technologies'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
	=	0.044	/	0.564
	=

FendX Technologies'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
	=	0.044	/	0.564
	=

FendX Technologies (XCNQ:FNDX) 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%.

FendX Technologies Equity-to-Asset Related Terms

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

FendX Technologies (XCNQ:FNDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FendX Technologies Inc (XCNQ:FNDX) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

FDXTF:USA E8D:Germany

Address

2010 Winston Park Drive, 2nd Floor, Oakville, ON, CAN, L6H 5R7

Website

https://www.fendxtech.com

FendX Technologies Inc is a technology company focused on developing surface protection products that protect surfaces from pathogen contamination. It is focused on the research, development and commercialization of surface protection coatings using Licensed Technology. The company is currently developing its anticipated first product, REPELWRAP to protect high-contact surfaces from contamination to reduce the transmission of harmful pathogens. The Company has a growing intellectual property portfolio consisting of licensed nonprovisional national stage patent applications.