GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » FLYHT Aerospace Solutions Ltd (OTCPK:FLYLF) » Definitions » Equity-to-Asset

FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Equity-to-Asset : 0.08 (As of Dec. 2023)


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

What is FLYHT Aerospace Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FLYHT Aerospace Solutions's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.81 Mil. FLYHT Aerospace Solutions's Total Assets for the quarter that ended in Dec. 2023 was $9.84 Mil. Therefore, FLYHT Aerospace Solutions's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

FLYLF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.9   Med: 0.2   Max: 0.38
Current: 0.08

During the past 13 years, the highest Equity to Asset Ratio of FLYHT Aerospace Solutions was 0.38. The lowest was -0.90. And the median was 0.20.

FLYLF's Equity-to-Asset is ranked worse than
90.13% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs FLYLF: 0.08

FLYHT Aerospace Solutions Equity-to-Asset Historical Data

The historical data trend for FLYHT Aerospace Solutions'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.

FLYHT Aerospace Solutions Equity-to-Asset Chart

FLYHT Aerospace Solutions 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 0.38 0.21 0.30 0.30 0.08

FLYHT Aerospace Solutions 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 0.30 0.22 - 0.19 0.08

Competitive Comparison of FLYHT Aerospace Solutions's Equity-to-Asset

For the Aerospace & Defense subindustry, FLYHT Aerospace Solutions'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.


FLYHT Aerospace Solutions's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, FLYHT Aerospace Solutions's Equity-to-Asset distribution charts can be found below:

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



FLYHT Aerospace Solutions 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.

FLYHT Aerospace Solutions'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
=0.812/9.843
=0.08

FLYHT Aerospace Solutions'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
=0.812/9.843
=0.08

* 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.


FLYHT Aerospace Solutions  (OTCPK:FLYLF) 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%.


FLYHT Aerospace Solutions Equity-to-Asset Related Terms

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


FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Business Description

Traded in Other Exchanges
Address
1212 – 31 Avenue Northeast, Suite 500, Calgary, AB, CAN, T2E 7S8
FLYHT Aerospace Solutions Ltd provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability. This unique capability is driven by a suite of patented aircraft-certified hardware products, including AFIRS, the AFIRS Edge, TAMDAR and FLYHT-WVSS-II. The company's product and services include SaaS, Hardware, Licensing and Technical Services. Geographically, the company operates in United States & Mexico, Asia, China, Middle East, Canada, Australia, Africa, Europe and South/Central America.

FLYHT Aerospace Solutions (FLYHT Aerospace Solutions) Headlines