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JPMorgan China Growth &ome (CHIX:JCGIL) Equity-to-Asset : 0.88 (As of Sep. 2023)


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What is JPMorgan China Growth &ome Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JPMorgan China Growth &ome's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £229.77 Mil. JPMorgan China Growth &ome's Total Assets for the quarter that ended in Sep. 2023 was £262.25 Mil. Therefore, JPMorgan China Growth &ome's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.88.

The historical rank and industry rank for JPMorgan China Growth &ome's Equity-to-Asset or its related term are showing as below:

CHIX:JCGIl' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82   Med: 0.9   Max: 0.91
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of JPMorgan China Growth &ome was 0.91. The lowest was 0.82. And the median was 0.90.

CHIX:JCGIl's Equity-to-Asset is ranked better than
57.81% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs CHIX:JCGIl: 0.88

JPMorgan China Growth &ome Equity-to-Asset Historical Data

The historical data trend for JPMorgan China Growth &ome'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.

JPMorgan China Growth &ome Equity-to-Asset Chart

JPMorgan China Growth &ome Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.90 0.90 0.82 0.88

JPMorgan China Growth &ome Quarterly Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.90 0.84 0.82 0.84 0.88

Competitive Comparison of JPMorgan China Growth &ome's Equity-to-Asset

For the Asset Management subindustry, JPMorgan China Growth &ome'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.


JPMorgan China Growth &ome's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan China Growth &ome's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JPMorgan China Growth &ome's Equity-to-Asset falls into.



JPMorgan China Growth &ome 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.

JPMorgan China Growth &ome's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=229.772/262.249
=0.88

JPMorgan China Growth &ome's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=229.772/262.249
=0.88

* 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.


JPMorgan China Growth &ome  (CHIX:JCGIl) 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%.


JPMorgan China Growth &ome Equity-to-Asset Related Terms

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JPMorgan China Growth &ome (CHIX:JCGIL) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y0JP
JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives, it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK listed investment companies. It reviews its performance against MSCI China Index, with net dividends reinvested, in sterling terms.

JPMorgan China Growth &ome (CHIX:JCGIL) Headlines

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