GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (NYSE:FTI) » Definitions » Equity-to-Asset

TechnipFMC (TechnipFMC) Equity-to-Asset

: 0.33 (As of Dec. 2023)
View and export this data going back to 2009. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TechnipFMC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,137 Mil. TechnipFMC's Total Assets for the quarter that ended in Dec. 2023 was $9,657 Mil. Therefore, TechnipFMC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

FTI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.33   Max: 0.47
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of TechnipFMC was 0.47. The lowest was 0.21. And the median was 0.33.

FTI's Equity-to-Asset is ranked worse than
71.69% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs FTI: 0.33

TechnipFMC Equity-to-Asset Historical Data

The historical data trend for TechnipFMC'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.

TechnipFMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.21 0.34 0.34 0.33

TechnipFMC 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 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 Premium Member Only Premium Member Only Premium Member Only 0.34 0.33 0.32 0.32 0.33

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, TechnipFMC'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.


TechnipFMC Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, TechnipFMC's Equity-to-Asset distribution charts can be found below:

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



TechnipFMC 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.

TechnipFMC'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
=3136.7/9656.6
=0.32

TechnipFMC'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
=3136.7/9656.6
=0.32

* 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.


TechnipFMC  (NYSE:FTI) 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%.


TechnipFMC Equity-to-Asset Related Terms

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


TechnipFMC (TechnipFMC) Business Description

Traded in Other Exchanges
Address
13460 Lockwood Road, Houston, TX, USA, 77044
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Executives
Cristina Aalders officer: EVP, Chief Legal Officer & Sec ONE SUBSEA LANE, HOUSTON TX 77044
De Carvalho Filho Eleazar director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Robert G Gwin director 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Jonathan Landes officer: President Subsea ONE SUBSEA LANE, HOUSTON TX 77044
Thierry Conti officer: President, Surface ONE SUBSEA LANE, HOUSTON TX 77044
Luana Duffe officer: EVP, New Energy Ventures ONE SUBSEA LANE, HOUSTON TX 77044
Nisha P. Rai officer: EVP, People & Culture ONE SUBSEA LANE, HOUSTON TX 77044
Rousset Sophie Zurquiyah director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Alf Melin officer: EVP & Chief Financial Officer ONE SUBSEA LANE, HOUSTON TX 77044
Victoria Lazar officer: EVP, General Counsel & Sec ONE SUBSEA LANE, HOUSTON TX 77044
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Oleary John C G director C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Olivier Piou director ONE ST. PAUL'S CHURCHYARD, LONDON X0 EC4M 8AP
Maryann T. Mannen officer: EVP & Chief Financial Officer C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Catherine Macgregor officer: President Onshore/Offshore 6 ALLEE DE LARCHE FAUBOURG DE LARCHE, ZAC DANTON, COURBEVOIE I0 92400