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Cadence Capital (ASX:CDM) Equity-to-Asset : 0.82 (As of Jun. 2024)


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What is Cadence Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cadence Capital's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$304.14 Mil. Cadence Capital's Total Assets for the quarter that ended in Jun. 2024 was A$369.74 Mil. Therefore, Cadence Capital's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.82.

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

ASX:CDM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.8   Max: 0.94
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Cadence Capital was 0.94. The lowest was 0.59. And the median was 0.80.

ASX:CDM's Equity-to-Asset is ranked worse than
51.2% of 1703 companies
in the Asset Management industry
Industry Median: 0.84 vs ASX:CDM: 0.82

Cadence Capital Equity-to-Asset Historical Data

The historical data trend for Cadence Capital'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.

Cadence Capital Equity-to-Asset Chart

Cadence Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.70 0.80 0.81 0.82

Cadence Capital Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.80 0.80 0.81 0.85 0.82

Competitive Comparison of Cadence Capital's Equity-to-Asset

For the Asset Management subindustry, Cadence Capital'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.


Cadence Capital's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Cadence Capital 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.

Cadence Capital's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=304.135/369.741
=0.82

Cadence Capital's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=304.135/369.741
=0.82

* 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.


Cadence Capital  (ASX:CDM) 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%.


Cadence Capital Equity-to-Asset Related Terms

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


Cadence Capital Business Description

Traded in Other Exchanges
N/A
Address
131 Macquarie Street, Level 6, Sydney, NSW, AUS, 2000
Cadence Capital Ltd is an Australia based investment company that invests in listed equities, with the aim of producing above market risk-adjusted returns over time. The principal activity of the company is to invest primarily in the securities located in Australia and internationally. The company intends to take short positions and may also deal in derivatives for hedging purposes. It derives revenue from dividend income, interest income, and from the sale of its financial assets.

Cadence Capital Headlines

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