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Australian Bond Exchange Holdings (ASX:ABE) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is Australian Bond Exchange Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian Bond Exchange Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$5.13 Mil. Australian Bond Exchange Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$8.10 Mil. Therefore, Australian Bond Exchange Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

ASX:ABE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.7   Max: 0.93
Current: 0.63

During the past 3 years, the highest Equity to Asset Ratio of Australian Bond Exchange Holdings was 0.93. The lowest was 0.63. And the median was 0.70.

ASX:ABE's Equity-to-Asset is ranked better than
58.96% of 809 companies
in the Capital Markets industry
Industry Median: 0.5 vs ASX:ABE: 0.63

Australian Bond Exchange Holdings Equity-to-Asset Historical Data

The historical data trend for Australian Bond Exchange 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.

Australian Bond Exchange Holdings Equity-to-Asset Chart

Australian Bond Exchange Holdings Annual Data
Trend Jun21 Jun22 Jun23
Equity-to-Asset
0.88 0.93 0.70

Australian Bond Exchange Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.90 0.93 0.65 0.70 0.63

Competitive Comparison of Australian Bond Exchange Holdings's Equity-to-Asset

For the Capital Markets subindustry, Australian Bond Exchange 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.

Australian Bond Exchange Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Australian Bond Exchange Holdings's Equity-to-Asset distribution charts can be found below:

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


Australian Bond Exchange 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.

Australian Bond Exchange Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=8.323/11.879
=0.70

Australian Bond Exchange Holdings'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
=5.125/8.101
=0.63

* 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.

Australian Bond Exchange Holdings  (ASX:ABE) 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%.

Australian Bond Exchange Holdings Equity-to-Asset Related Terms

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Australian Bond Exchange Holdings (ASX:ABE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Australian Bond Exchange Holdings Ltd (ASX:ABE) » Definitions » Equity-to-Asset
Comparable Companies
ASX:FFG ASX:EQS ASX:FNX ASX:BIR ASX:ASW ASX:AFA ASX:SWF ASX:RZI MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688 HKSE:03908 SHSE:601211
Traded in Other Exchanges
N/A
Address
15 Castlereagh St, Level 19, Sydney, NSW, AUS, 2000
Website
https://www.bondexchange.com.au
Australian Bond Exchange Holdings Ltd is engaged in provision of financial advice and dealing services in the OTC bond market to funds, ADIs and individuals and advisory services to Australian companies. The company generates revenue from Securities trading; Brokerage on transactions as part of financial advice and dealing services division; and Origination and arranging fees.