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Octopus Renewables Infrastructure Trust (LSE:ORIT) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is Octopus Renewables Infrastructure Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Octopus Renewables Infrastructure Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £599.04 Mil. Octopus Renewables Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 was £602.28 Mil. Therefore, Octopus Renewables Infrastructure Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

The historical rank and industry rank for Octopus Renewables Infrastructure Trust's Equity-to-Asset or its related term are showing as below:

LSE:ORIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 1   Max: 1
Current: 1

During the past 4 years, the highest Equity to Asset Ratio of Octopus Renewables Infrastructure Trust was 1.00. The lowest was 0.99. And the median was 1.00.

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

Octopus Renewables Infrastructure Trust Equity-to-Asset Historical Data

The historical data trend for Octopus Renewables Infrastructure Trust'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.

Octopus Renewables Infrastructure Trust Equity-to-Asset Chart

Octopus Renewables Infrastructure Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.99 1.00 1.00 1.00

Octopus Renewables Infrastructure Trust Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of Octopus Renewables Infrastructure Trust's Equity-to-Asset

For the Asset Management subindustry, Octopus Renewables Infrastructure Trust'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.


Octopus Renewables Infrastructure Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octopus Renewables Infrastructure Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Octopus Renewables Infrastructure Trust's Equity-to-Asset falls into.



Octopus Renewables Infrastructure Trust 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.

Octopus Renewables Infrastructure Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=599.039/602.276
=0.99

Octopus Renewables Infrastructure Trust'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
=599.039/602.276
=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.


Octopus Renewables Infrastructure Trust  (LSE:ORIT) 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%.


Octopus Renewables Infrastructure Trust Equity-to-Asset Related Terms

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


Octopus Renewables Infrastructure Trust (LSE:ORIT) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Octopus Renewables Infrastructure Trust PLC is an investment company. It invests in a diversified portfolio of Renewable Energy Assets in Europe and Australia. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio.

Octopus Renewables Infrastructure Trust (LSE:ORIT) Headlines

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