WAM Microcap (ASX:WMI) Equity-to-Asset : 1.00 (As of Dec. 2023)

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What is WAM Microcap Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WAM Microcap's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$275.95 Mil. WAM Microcap's Total Assets for the quarter that ended in Dec. 2023 was A$276.85 Mil. Therefore, WAM Microcap's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

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

ASX:WMI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.93 Max: 1
Current: 1

During the past 5 years, the highest Equity to Asset Ratio of WAM Microcap was 1.00. The lowest was 0.88. And the median was 0.93.

ASX:WMI's Equity-to-Asset is ranked better than
99.83% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:WMI: 1.00

WAM Microcap Equity-to-Asset Historical Data

The historical data trend for WAM Microcap'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.

WAM Microcap Equity-to-Asset Chart

WAM Microcap Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.92

0.88

0.98

0.96

WAM Microcap Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.91	0.98	0.98	0.96	1.00

Competitive Comparison of WAM Microcap's Equity-to-Asset

For the Asset Management subindustry, WAM Microcap'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.

WAM Microcap's Equity-to-Asset Distribution in the Asset Management Industry

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

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

WAM Microcap 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.

WAM Microcap'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
	=	275.816	/	287.992
	=	0.96

WAM Microcap'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
	=	275.945	/	276.851
	=	1.00

WAM Microcap (ASX:WMI) 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%.

WAM Microcap Equity-to-Asset Related Terms

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

WAM Microcap (ASX:WMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WAM Microcap Ltd (ASX:WMI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.wilsonassetmanagement.com.au

WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

WAM Microcap (ASX:WMI) Headlines

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