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Aspermont (ASX:ASP) Equity-to-Asset : 0.27 (As of Sep. 2023)


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What is Aspermont Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aspermont's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$4.66 Mil. Aspermont's Total Assets for the quarter that ended in Sep. 2023 was A$17.31 Mil. Therefore, Aspermont's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.27.

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

ASX:ASP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.27   Max: 0.47
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Aspermont was 0.47. The lowest was 0.09. And the median was 0.27.

ASX:ASP's Equity-to-Asset is ranked worse than
76.15% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.51 vs ASX:ASP: 0.27

Aspermont Equity-to-Asset Historical Data

The historical data trend for Aspermont'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.

Aspermont Equity-to-Asset Chart

Aspermont Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.21 0.34 0.38 0.27

Aspermont Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 0.34 0.37 0.38 0.39 0.27

Competitive Comparison of Aspermont's Equity-to-Asset

For the Publishing subindustry, Aspermont'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.


Aspermont's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Aspermont's Equity-to-Asset distribution charts can be found below:

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



Aspermont 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.

Aspermont's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=4.661/17.312
=0.27

Aspermont'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
=4.661/17.312
=0.27

* 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.


Aspermont  (ASX:ASP) 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%.


Aspermont Equity-to-Asset Related Terms

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


Aspermont (ASX:ASP) Business Description

Traded in Other Exchanges
Address
613- 619 Wellington Street, Perth, WA, AUS, 6000
Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.

Aspermont (ASX:ASP) Headlines