GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » E Split Corp. (FRA:784) » Definitions » Equity-to-Asset

E Split (FRA:784) Equity-to-Asset : 0.51 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is E Split Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. E Split's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €160.99 Mil. E Split's Total Assets for the quarter that ended in Dec. 2023 was €313.11 Mil. Therefore, E Split's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

FRA:784' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.55   Max: 0.61
Current: 0.51

During the past 6 years, the highest Equity to Asset Ratio of E Split was 0.61. The lowest was 0.49. And the median was 0.55.

FRA:784's Equity-to-Asset is ranked worse than
82.22% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs FRA:784: 0.51

E Split Equity-to-Asset Historical Data

The historical data trend for E Split'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.

E Split Equity-to-Asset Chart

E Split Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.61 0.49 0.57 0.58 0.51

E Split Semi-Annual Data
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 0.57 0.60 0.58 0.45 0.51

Competitive Comparison of E Split's Equity-to-Asset

For the Asset Management subindustry, E Split'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.


E Split's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where E Split's Equity-to-Asset falls into.



E Split 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.

E Split's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=160.989/313.105
=0.51

E Split'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
=160.989/313.105
=0.51

* 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.


E Split  (FRA:784) 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%.


E Split Equity-to-Asset Related Terms

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


E Split (FRA:784) Business Description

Traded in Other Exchanges
Address
100 King Street West, 58th Floor, 1st Canadian Place, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
E Split Corp. is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company. The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares are to provide holders with non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.

E Split (FRA:784) Headlines

No Headlines