Ninety One (JSE:NY1) Equity-to-Asset : 0.03 (As of Sep. 2023)

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What is Ninety One Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ninety One's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R7,924 Mil. Ninety One's Total Assets for the quarter that ended in Sep. 2023 was R245,866 Mil. Therefore, Ninety One's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.03.

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

JSE:NY1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.03
Current: 0.03

During the past 7 years, the highest Equity to Asset Ratio of Ninety One was 0.03. The lowest was 0.02. And the median was 0.03.

JSE:NY1's Equity-to-Asset is ranked worse than
97.5% of 1723 companies
in the Asset Management industry
Industry Median: 0.83 vs JSE:NY1: 0.03

Ninety One Equity-to-Asset Historical Data

The historical data trend for Ninety One'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.

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Ninety One Equity-to-Asset Chart

Ninety One Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.02

0.03

Ninety One Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial								0.03	0.03	0.03	0.03	0.03

Competitive Comparison of Ninety One's Equity-to-Asset

For the Asset Management subindustry, Ninety One'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.

Ninety One's Equity-to-Asset Distribution in the Asset Management Industry

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

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

Ninety One 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.

Ninety One's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7751.424	/	239598.323
	=	0.03

Ninety One's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7924.283	/	245866.359
	=	0.03

Ninety One (JSE:NY1) 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%.

Ninety One Equity-to-Asset Related Terms

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

Ninety One (JSE:NY1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ninety One Ltd (JSE:NY1) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

L91:Germany

Address

36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ninetyone.com

Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors. Geographically, it derives a majority of revenue from the United Kingdom and others.

Ninety One (JSE:NY1) Headlines

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