Corporate Travel Management (Corporate Travel Management) Equity-to-Asset : 0.73 (As of Dec. 2023)

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What is Corporate Travel Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Corporate Travel Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $784.9 Mil. Corporate Travel Management's Total Assets for the quarter that ended in Dec. 2023 was $1,081.3 Mil. Therefore, Corporate Travel Management's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

CTMLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45 Med: 0.6 Max: 0.79
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Corporate Travel Management was 0.79. The lowest was 0.45. And the median was 0.60.

CTMLF's Equity-to-Asset is ranked better than
80.52% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs CTMLF: 0.73

Corporate Travel Management Equity-to-Asset Historical Data

The historical data trend for Corporate Travel Management'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.

Corporate Travel Management Equity-to-Asset Chart

Corporate Travel Management Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.57

0.71

0.74

0.71

0.68

Corporate Travel Management 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															0.75	0.71	0.70	0.68	0.73

Competitive Comparison of Corporate Travel Management's Equity-to-Asset

For the Travel Services subindustry, Corporate Travel Management'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.

Corporate Travel Management's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Corporate Travel Management's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Corporate Travel Management's Equity-to-Asset falls into.

Corporate Travel Management 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.

Corporate Travel Management'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
	=	787.038	/	1156.276
	=	0.68

Corporate Travel Management'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
	=	784.892	/	1081.272
	=	0.73

Corporate Travel Management (OTCPK:CTMLF) 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%.

Corporate Travel Management Equity-to-Asset Related Terms

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

Corporate Travel Management (Corporate Travel Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Corporate Travel Management Ltd (OTCPK:CTMLF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CTD:Australia

Address

307 Queen Street, Level 24, Brisbane, QLD, AUS, 4000

Website

https://www.travelctm.com

Corporate Travel Management provides travel services for business and government clients across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world's fourth-largest corporate travel management company based with pro forma, pre-COVID-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1.5 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group's client travel was domestic (within country) in nature.

Corporate Travel Management (Corporate Travel Management) Headlines

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Half Year 2024 Corporate Travel Management Ltd Earnings Call Transcript

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