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Link Administration Holdings (ASX:LNK) Equity-to-Asset : 0.14 (As of Dec. 2023)


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What is Link Administration Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Link Administration Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$310.7 Mil. Link Administration Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$2,206.5 Mil. Therefore, Link Administration Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.14.

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

ASX:LNK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.44   Max: 0.54
Current: 0.14

During the past 8 years, the highest Equity to Asset Ratio of Link Administration Holdings was 0.54. The lowest was 0.08. And the median was 0.44.

ASX:LNK's Equity-to-Asset is ranked worse than
82.34% of 804 companies
in the Capital Markets industry
Industry Median: 0.495 vs ASX:LNK: 0.14

Link Administration Holdings Equity-to-Asset Historical Data

The historical data trend for Link Administration 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.

Link Administration Holdings Equity-to-Asset Chart

Link Administration Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.44 0.44 0.41 0.38 0.08

Link Administration Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.41 0.38 0.08 0.08 0.14

Competitive Comparison of Link Administration Holdings's Equity-to-Asset

For the Capital Markets subindustry, Link Administration 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.


Link Administration Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

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

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



Link Administration 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.

Link Administration 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
=244.335/3024.333
=0.08

Link Administration 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
=310.698/2206.45
=0.14

* 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.


Link Administration Holdings  (ASX:LNK) 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%.


Link Administration Holdings Equity-to-Asset Related Terms

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


Link Administration Holdings (ASX:LNK) Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

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