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Fidelity China Special Situations (LSE:FCSS) Equity-to-Asset : 0.92 (As of Sep. 2023)


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What is Fidelity China Special Situations Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fidelity China Special Situations's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1,134.48 Mil. Fidelity China Special Situations's Total Assets for the quarter that ended in Sep. 2023 was £1,237.28 Mil. Therefore, Fidelity China Special Situations's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.92.

The historical rank and industry rank for Fidelity China Special Situations's Equity-to-Asset or its related term are showing as below:

LSE:FCSS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86   Med: 0.89   Max: 0.95
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Fidelity China Special Situations was 0.95. The lowest was 0.86. And the median was 0.89.

LSE:FCSS's Equity-to-Asset is ranked better than
65.6% of 1724 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:FCSS: 0.92

Fidelity China Special Situations Equity-to-Asset Historical Data

The historical data trend for Fidelity China Special Situations'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.

Fidelity China Special Situations Equity-to-Asset Chart

Fidelity China Special Situations Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.90 0.95 0.93 0.92

Fidelity China Special Situations Semi-Annual 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 0.94 0.93 0.88 0.92 0.92

Competitive Comparison of Fidelity China Special Situations's Equity-to-Asset

For the Asset Management subindustry, Fidelity China Special Situations'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.


Fidelity China Special Situations's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fidelity China Special Situations's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fidelity China Special Situations's Equity-to-Asset falls into.



Fidelity China Special Situations 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.

Fidelity China Special Situations's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=1338.421/1460.772
=0.92

Fidelity China Special Situations'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
=1134.476/1237.281
=0.92

* 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.


Fidelity China Special Situations  (LSE:FCSS) 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%.


Fidelity China Special Situations Equity-to-Asset Related Terms

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


Fidelity China Special Situations (LSE:FCSS) Business Description

Traded in Other Exchanges
Address
Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP
Fidelity China Special Situations PLC is an investment company. Its investment objective is to achieve long-term capital growth from an actively managed portfolio. The company focuses on investing in securities issued by companies listed in China or Hong Kong and any other Chinese companies listed elsewhere as well as the companies which have interests in China and Hong Kong. Its portfolio consists of various financial instruments such as equities, index-linked, equity-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity-related securities, forward transactions, and derivative instruments. The company may use gearing such as Contracts for Difference to meet its determined investment goals.

Fidelity China Special Situations (LSE:FCSS) Headlines

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