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Sustainable Power & Infrastructure Split (TSX:PWI) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is Sustainable Power & Infrastructure Split Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sustainable Power & Infrastructure Split's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$22.96 Mil. Sustainable Power & Infrastructure Split's Total Assets for the quarter that ended in Dec. 2023 was C$59.54 Mil.

The historical rank and industry rank for Sustainable Power & Infrastructure Split's Equity-to-Asset or its related term are showing as below:

TSX:PWI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.39   Max: 0.5
Current: 0.39

During the past 3 years, the highest Equity to Asset Ratio of Sustainable Power & Infrastructure Split was 0.50. The lowest was 0.38. And the median was 0.39.

TSX:PWI's Equity-to-Asset is ranked worse than
87.73% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:PWI: 0.39

Sustainable Power & Infrastructure Split Equity-to-Asset Historical Data

The historical data trend for Sustainable Power & Infrastructure Split'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.

Sustainable Power & Infrastructure Split Equity-to-Asset Chart

Sustainable Power & Infrastructure Split Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.50 0.38 0.39

Sustainable Power & Infrastructure Split Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.50 0.38 0.38 0.37 0.39

Competitive Comparison of Sustainable Power & Infrastructure Split's Equity-to-Asset

For the Asset Management subindustry, Sustainable Power & Infrastructure Split'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.


Sustainable Power & Infrastructure Split's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Power & Infrastructure Split's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sustainable Power & Infrastructure Split's Equity-to-Asset falls into.



Sustainable Power & Infrastructure Split 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.

Sustainable Power & Infrastructure Split'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
=22.957/59.544
=0.39

Sustainable Power & Infrastructure Split'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
=22.957/59.544
=

* 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.


Sustainable Power & Infrastructure Split  (TSX:PWI) 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%.


Sustainable Power & Infrastructure Split Equity-to-Asset Related Terms

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


Sustainable Power & Infrastructure Split (TSX:PWI) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 2930, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Sustainable Power & Infrastructure Split Corp is a mutual fund corporation. Its fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. Its portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.

Sustainable Power & Infrastructure Split (TSX:PWI) Headlines

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