Platinum Asia Investments (ASX:PAI) Equity-to-Asset : 1.00 (As of Dec. 2023)

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What is Platinum Asia Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Platinum Asia Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$362.11 Mil. Platinum Asia Investments's Total Assets for the quarter that ended in Dec. 2023 was A$362.92 Mil. Therefore, Platinum Asia Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

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

ASX:PAI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95 Med: 0.98 Max: 1
Current: 1

During the past 7 years, the highest Equity to Asset Ratio of Platinum Asia Investments was 1.00. The lowest was 0.95. And the median was 0.98.

ASX:PAI's Equity-to-Asset is ranked better than
99.83% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:PAI: 1.00

Platinum Asia Investments Equity-to-Asset Historical Data

The historical data trend for Platinum Asia Investments'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.

Platinum Asia Investments Equity-to-Asset Chart

Platinum Asia Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.98

0.97

0.95

1.00

Platinum Asia Investments Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.99	1.00	1.00	1.00	1.00

Competitive Comparison of Platinum Asia Investments's Equity-to-Asset

For the Asset Management subindustry, Platinum Asia Investments'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.

Platinum Asia Investments's Equity-to-Asset Distribution in the Asset Management Industry

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

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

Platinum Asia Investments 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.

Platinum Asia Investments'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
	=	383.421	/	384.846
	=	1.00

Platinum Asia Investments'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
	=	362.111	/	362.916
	=	1.00

Platinum Asia Investments (ASX:PAI) 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%.

Platinum Asia Investments Equity-to-Asset Related Terms

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

Platinum Asia Investments (ASX:PAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Asia Investments Ltd (ASX:PAI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Macquarie Place, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asia Investments Ltd is a closed-ended investment company. The company is engaged in the investment of funds internationally into securities of companies. Its objective is to seek long-term capital growth by utilizing the skills of the investment manager and administrator. It benchmarks the performance of its portfolio against the MSCI All Country Asia ex-Japan Net Index. The majority of the investment income is generated from Equity securities. Geographically, it generates the majority of revenue from Greater China.