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Duxton Water (ASX:D2O) Equity-to-Asset : 0.65 (As of Jun. 2024)


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What is Duxton Water Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Duxton Water's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$200.51 Mil. Duxton Water's Total Assets for the quarter that ended in Jun. 2024 was A$310.09 Mil. Therefore, Duxton Water's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.65.

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

ASX:D2O' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.58   Max: 0.99
Current: 0.65

During the past 7 years, the highest Equity to Asset Ratio of Duxton Water was 0.99. The lowest was 0.46. And the median was 0.58.

ASX:D2O's Equity-to-Asset is ranked better than
84.6% of 513 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs ASX:D2O: 0.65

Duxton Water Equity-to-Asset Historical Data

The historical data trend for Duxton Water'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.

Duxton Water Equity-to-Asset Chart

Duxton Water Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.58 0.56 0.57 0.52 0.59

Duxton Water Semi-Annual Data
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 0.53 0.52 0.46 0.59 0.65

Competitive Comparison of Duxton Water's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Duxton Water'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.


Duxton Water's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Duxton Water's Equity-to-Asset distribution charts can be found below:

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



Duxton Water 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.

Duxton Water'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
=192.589/324.643
=0.59

Duxton Water'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
=200.512/310.088
=0.65

* 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.


Duxton Water  (ASX:D2O) 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%.


Duxton Water Equity-to-Asset Related Terms

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


Duxton Water Business Description

Traded in Other Exchanges
N/A
Address
7 Pomona Road, Duxton House, Stirling, SA, AUS, 5152
Duxton Water Ltd invests in Australian Water Entitlements. It owns and manages a portfolio of water assets and provides irrigators with a range of water supply solutions. The company is engaged in water supply licenses, leases, buying and selling, and other related services. Its operating segment includes Permanent Water; Temporary Water; and Unallocated, of which key revenue is derived from the Permanent Water segment.

Duxton Water Headlines

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