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JPMorgan Global Growth &ome (CHIX:JGGIL) Equity-to-Asset : 0.94 (As of Dec. 2023)


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What is JPMorgan Global Growth &ome Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JPMorgan Global Growth &ome's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £2,072.6 Mil. JPMorgan Global Growth &ome's Total Assets for the quarter that ended in Dec. 2023 was £2,217.7 Mil. Therefore, JPMorgan Global Growth &ome's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.94.

The historical rank and industry rank for JPMorgan Global Growth &ome's Equity-to-Asset or its related term are showing as below:

CHIX:JGGIl' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.92   Max: 0.94
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of JPMorgan Global Growth &ome was 0.94. The lowest was 0.90. And the median was 0.92.

CHIX:JGGIl's Equity-to-Asset is ranked better than
69.61% of 1721 companies
in the Asset Management industry
Industry Median: 0.83 vs CHIX:JGGIl: 0.94

JPMorgan Global Growth &ome Equity-to-Asset Historical Data

The historical data trend for JPMorgan Global Growth &ome'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.

JPMorgan Global Growth &ome Equity-to-Asset Chart

JPMorgan Global Growth &ome 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 0.93 0.91 0.91 0.92 0.92

JPMorgan Global Growth &ome Quarterly 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 0.92 0.92 0.92 0.92 0.94

Competitive Comparison of JPMorgan Global Growth &ome's Equity-to-Asset

For the Asset Management subindustry, JPMorgan Global Growth &ome'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.


JPMorgan Global Growth &ome's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Global Growth &ome's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JPMorgan Global Growth &ome's Equity-to-Asset falls into.



JPMorgan Global Growth &ome 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.

JPMorgan Global Growth &ome'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
=1812.908/1962.751
=0.92

JPMorgan Global Growth &ome'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
=2072.641/2217.713
=0.93

* 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.


JPMorgan Global Growth &ome  (CHIX:JGGIl) 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%.


JPMorgan Global Growth &ome Equity-to-Asset Related Terms

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


JPMorgan Global Growth &ome (CHIX:JGGIL) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

JPMorgan Global Growth &ome (CHIX:JGGIL) Headlines

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