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Healthcare Leadersome ETF (TSX:HHL) Equity-to-Asset : 0.86 (As of Jun. 2016)


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What is Healthcare Leadersome ETF Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Healthcare Leadersome ETF's Total Stockholders Equity for the quarter that ended in Jun. 2016 was C$114.99 Mil. Healthcare Leadersome ETF's Total Assets for the quarter that ended in Jun. 2016 was C$134.20 Mil. Therefore, Healthcare Leadersome ETF's Equity to Asset Ratio for the quarter that ended in Jun. 2016 was 0.86.

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

TSX:HHL's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Healthcare Leadersome ETF Equity-to-Asset Historical Data

The historical data trend for Healthcare Leadersome ETF'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.

Healthcare Leadersome ETF Equity-to-Asset Chart

Healthcare Leadersome ETF Annual Data
Trend Dec14 Dec15
Equity-to-Asset
1.00 0.98

Healthcare Leadersome ETF Semi-Annual Data
Dec14 Jun15 Dec15 Jun16
Equity-to-Asset 1.00 0.98 0.98 0.86

Competitive Comparison of Healthcare Leadersome ETF's Equity-to-Asset

For the Asset Management subindustry, Healthcare Leadersome ETF'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.


Healthcare Leadersome ETF's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Healthcare Leadersome ETF's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Healthcare Leadersome ETF's Equity-to-Asset falls into.



Healthcare Leadersome ETF 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.

Healthcare Leadersome ETF's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=137.229/140.066
=0.98

Healthcare Leadersome ETF's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Stockholders Equity/Total Assets
=114.988/134.196
=0.86

* 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.


Healthcare Leadersome ETF  (TSX:HHL) 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%.


Healthcare Leadersome ETF Equity-to-Asset Related Terms

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


Healthcare Leadersome ETF (TSX:HHL) Business Description

Traded in Other Exchanges
N/A
Address
Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

Healthcare Leadersome ETF (TSX:HHL) Headlines

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