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Hearts And Minds Investments (ASX:HM1) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Hearts And Minds Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hearts And Minds Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$673.45 Mil. Hearts And Minds Investments's Total Assets for the quarter that ended in Dec. 2023 was A$679.20 Mil. Therefore, Hearts And Minds Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

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

ASX:HM1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.92   Max: 0.99
Current: 0.99

During the past 5 years, the highest Equity to Asset Ratio of Hearts And Minds Investments was 0.99. The lowest was 0.90. And the median was 0.92.

ASX:HM1's Equity-to-Asset is ranked better than
90.32% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:HM1: 0.99

Hearts And Minds Investments Equity-to-Asset Historical Data

The historical data trend for Hearts And Minds Investments'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.

Hearts And Minds Investments Equity-to-Asset Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
1.00 0.90 0.90 0.99 0.99

Hearts And Minds Investments Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.92 0.99 0.99 0.99 0.99

Competitive Comparison of Hearts And Minds Investments's Equity-to-Asset

For the Asset Management subindustry, Hearts And Minds Investments'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.


Hearts And Minds Investments's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hearts And Minds Investments's Equity-to-Asset falls into.



Hearts And Minds Investments 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.

Hearts And Minds Investments'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
=675.523/681.349
=0.99

Hearts And Minds Investments'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
=673.452/679.201
=0.99

* 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.


Hearts And Minds Investments  (ASX:HM1) 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%.


Hearts And Minds Investments Equity-to-Asset Related Terms

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Hearts And Minds Investments (ASX:HM1) Business Description

Traded in Other Exchanges
N/A
Address
2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

Hearts And Minds Investments (ASX:HM1) Headlines

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