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NAOS Emerging Opportunities Co (ASX:NCCGA.PFD) Equity-to-Asset : 0.70 (As of Dec. 2023)


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What is NAOS Emerging Opportunities Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NAOS Emerging Opportunities Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$54.94 Mil. NAOS Emerging Opportunities Co's Total Assets for the quarter that ended in Dec. 2023 was A$78.09 Mil. Therefore, NAOS Emerging Opportunities Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

ASX:NCCGA.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7   Med: 0.93   Max: 1
Current: 0.7

During the past 11 years, the highest Equity to Asset Ratio of NAOS Emerging Opportunities Co was 1.00. The lowest was 0.70. And the median was 0.93.

ASX:NCCGA.PFD's Equity-to-Asset is ranked worse than
63.43% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:NCCGA.PFD: 0.70

NAOS Emerging Opportunities Co Equity-to-Asset Historical Data

The historical data trend for NAOS Emerging Opportunities Co'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.

NAOS Emerging Opportunities Co Equity-to-Asset Chart

NAOS Emerging Opportunities Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.99 0.76 0.74 0.73

NAOS Emerging Opportunities Co Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only - 0.74 0.74 0.73 0.70

Competitive Comparison of NAOS Emerging Opportunities Co's Equity-to-Asset

For the Asset Management subindustry, NAOS Emerging Opportunities Co'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.


NAOS Emerging Opportunities Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NAOS Emerging Opportunities Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where NAOS Emerging Opportunities Co's Equity-to-Asset falls into.



NAOS Emerging Opportunities Co 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.

NAOS Emerging Opportunities Co'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
=62.096/85.185
=0.73

NAOS Emerging Opportunities Co'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
=54.937/78.086
=0.70

* 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.


NAOS Emerging Opportunities Co  (ASX:NCCGA.PFD) 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%.


NAOS Emerging Opportunities Co Equity-to-Asset Related Terms

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


NAOS Emerging Opportunities Co (ASX:NCCGA.PFD) Business Description

Traded in Other Exchanges
Address
25 Martin Place, Level 34, Sydney, NSW, AUS, 2000
NAOS Emerging Opportunities Co Ltd is an investment company that invests primarily in a concentrated portfolio of listed entities that are outside the S&P/ASX100 Accumulation Index. It operates predominantly in Australia and one industry being the securities industry. The company derives revenue from dividend income, interest income, and the investment portfolio.

NAOS Emerging Opportunities Co (ASX:NCCGA.PFD) Headlines

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