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Silk Logistics Holdings (ASX:SLH) Equity-to-Asset : 0.19 (As of Dec. 2023)


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What is Silk Logistics Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silk Logistics Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$83.9 Mil. Silk Logistics Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$446.0 Mil. Therefore, Silk Logistics Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

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

ASX:SLH' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.19   Max: 0.21
Current: 0.19

During the past 2 years, the highest Equity to Asset Ratio of Silk Logistics Holdings was 0.21. The lowest was 0.14. And the median was 0.19.

ASX:SLH's Equity-to-Asset is ranked worse than
86.09% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs ASX:SLH: 0.19

Silk Logistics Holdings Equity-to-Asset Historical Data

The historical data trend for Silk Logistics 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.

Silk Logistics Holdings Equity-to-Asset Chart

Silk Logistics Holdings Annual Data
Trend Jun22 Jun23
Equity-to-Asset
0.21 0.21

Silk Logistics Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.19 0.21 0.18 0.21 0.19

Competitive Comparison of Silk Logistics Holdings's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Silk Logistics 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.


Silk Logistics Holdings's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Silk Logistics Holdings's Equity-to-Asset distribution charts can be found below:

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



Silk Logistics 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.

Silk Logistics 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
=75.407/362.368
=0.21

Silk Logistics 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
=83.878/446.048
=0.19

* 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.


Silk Logistics Holdings  (ASX:SLH) 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%.


Silk Logistics Holdings Equity-to-Asset Related Terms

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


Silk Logistics Holdings (ASX:SLH) Business Description

Traded in Other Exchanges
N/A
Address
850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207
Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.

Silk Logistics Holdings (ASX:SLH) Headlines

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