Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Equity-to-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Chemtrade Logisticsome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chemtrade Logisticsome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $527 Mil. Chemtrade Logisticsome Fund's Total Assets for the quarter that ended in Dec. 2023 was $1,572 Mil. Therefore, Chemtrade Logisticsome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

CGIFF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.34 Max: 0.39
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Chemtrade Logisticsome Fund was 0.39. The lowest was 0.19. And the median was 0.34.

CGIFF's Equity-to-Asset is ranked worse than
86.19% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs CGIFF: 0.34

Chemtrade Logisticsome Fund Equity-to-Asset Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Equity-to-Asset Chart

Chemtrade Logisticsome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.27

0.24

0.19

0.26

0.34

Chemtrade Logisticsome Fund Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.26	0.28	0.31	0.34	0.34

Competitive Comparison of Chemtrade Logisticsome Fund's Equity-to-Asset

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chemtrade Logisticsome Fund's Equity-to-Asset falls into.

Chemtrade Logisticsome Fund 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.

Chemtrade Logisticsome Fund'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
	=	527.088	/	1572.177
	=	0.34

Chemtrade Logisticsome Fund'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
	=	527.088	/	1572.177
	=	0.34

Chemtrade Logisticsome Fund (OTCPK:CGIFF) 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%.

Chemtrade Logisticsome Fund Equity-to-Asset Related Terms

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

Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (OTCPK:CGIFF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CHE.UN:Canada

Address

155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5

Website

https://www.chemtradelogistics.com

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.