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Trakm8 Holdings (LSE:TRAK) Equity-to-Asset : 0.51 (As of Sep. 2023)


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What is Trakm8 Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trakm8 Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £19.24 Mil. Trakm8 Holdings's Total Assets for the quarter that ended in Sep. 2023 was £37.43 Mil. Therefore, Trakm8 Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.51.

The historical rank and industry rank for Trakm8 Holdings's Equity-to-Asset or its related term are showing as below:

LSE:TRAK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.56   Max: 0.63
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Trakm8 Holdings was 0.63. The lowest was 0.41. And the median was 0.56.

LSE:TRAK's Equity-to-Asset is ranked worse than
60.1% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs LSE:TRAK: 0.51

Trakm8 Holdings Equity-to-Asset Historical Data

The historical data trend for Trakm8 Holdings'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.

Trakm8 Holdings Equity-to-Asset Chart

Trakm8 Holdings 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 0.61 0.56 0.55 0.54 0.50

Trakm8 Holdings 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 0.58 0.54 0.49 0.50 0.51

Competitive Comparison of Trakm8 Holdings's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Trakm8 Holdings'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.


Trakm8 Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trakm8 Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Trakm8 Holdings's Equity-to-Asset falls into.



Trakm8 Holdings 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.

Trakm8 Holdings'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
=19.129/38.549
=0.50

Trakm8 Holdings'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
=19.235/37.426
=0.51

* 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.


Trakm8 Holdings  (LSE:TRAK) 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%.


Trakm8 Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Trakm8 Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Trakm8 Holdings (LSE:TRAK) Business Description

Traded in Other Exchanges
N/A
Address
4 Roman Park, Roman Way, Coleshill, Birmingham, West Midlands, GBR, B46 1HG
Trakm8 Holdings PLC is a UK-based company. The company through its subsidiaries is engaged in developing, manufacturing, marketing, and distribution of vehicle telematics devices and services. Its operating segment includes Integrated Telematics Technology. The company generates maximum revenue from Fleet and optimization and Insurance and automotive solutions. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in North America, Norway, the Rest of Europe, and the Rest of the World.