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EQT Holdings (ASX:EQT) Equity-to-Asset : 0.78 (As of Dec. 2023)


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What is EQT Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EQT Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$407.4 Mil. EQT Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$523.9 Mil. Therefore, EQT Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

ASX:EQT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77   Med: 0.83   Max: 0.97
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of EQT Holdings was 0.97. The lowest was 0.77. And the median was 0.83.

ASX:EQT's Equity-to-Asset is ranked worse than
54.8% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:EQT: 0.78

EQT Holdings Equity-to-Asset Historical Data

The historical data trend for EQT Holdings'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.

EQT Holdings Equity-to-Asset Chart

EQT Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.78 0.78 0.77 0.79

EQT Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.77 0.77 0.81 0.79 0.78

Competitive Comparison of EQT Holdings's Equity-to-Asset

For the Asset Management subindustry, EQT Holdings'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.


EQT Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EQT Holdings's Equity-to-Asset distribution charts can be found below:

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



EQT Holdings 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.

EQT Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=405.386/511.914
=0.79

EQT Holdings'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
=407.425/523.893
=0.78

* 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.


EQT Holdings  (ASX:EQT) 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%.


EQT Holdings Equity-to-Asset Related Terms

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EQT Holdings (ASX:EQT) Business Description

Traded in Other Exchanges
N/A
Address
575 Bourke Street, Level 1, Melbourne, VIC, AUS, 3000
EQT Holdings Ltd is an independent trustee and executor company. The company's operating segment includes Trustee and Wealth Services and SuperannuationTrustee Services. It generates maximum revenue from Trustee and Wealth Services. The Trustee & wealth Services segment provides a range of private client, philanthropic and superannuation services including estate planning and management; charitable, compensation, community and personal trust services, wealth management and advice. It has a presence in Australia, the United Kingdom, and Ireland.

EQT Holdings (ASX:EQT) Headlines

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