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Transaction Capital (JSE:TCP) Equity-to-Asset : 0.21 (As of Mar. 2024)


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What is Transaction Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transaction Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was R7,673 Mil. Transaction Capital's Total Assets for the quarter that ended in Mar. 2024 was R37,368 Mil. Therefore, Transaction Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.

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

JSE:TCP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.27   Max: 0.32
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Transaction Capital was 0.32. The lowest was 0.15. And the median was 0.27.

JSE:TCP's Equity-to-Asset is ranked worse than
74.03% of 539 companies
in the Credit Services industry
Industry Median: 0.37 vs JSE:TCP: 0.21

Transaction Capital Equity-to-Asset Historical Data

The historical data trend for Transaction Capital'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.

Transaction Capital Equity-to-Asset Chart

Transaction Capital Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.25 0.30 0.20 0.17

Transaction Capital Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.18 0.20 0.15 0.17 0.21

Competitive Comparison of Transaction Capital's Equity-to-Asset

For the Credit Services subindustry, Transaction Capital'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.


Transaction Capital's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Transaction Capital's Equity-to-Asset distribution charts can be found below:

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



Transaction Capital 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.

Transaction Capital's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=6934/41626
=0.17

Transaction Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=7673/37368
=0.21

* 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.


Transaction Capital  (JSE:TCP) 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%.


Transaction Capital Equity-to-Asset Related Terms

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


Transaction Capital (JSE:TCP) Business Description

Traded in Other Exchanges
Address
24 Cradock and Tyrwhitt Avenue, The Bank, 12th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Transaction Capital Ltd is an investment holding company. The company's operating segment includes SA Taxi; Nutun, WeBuyCars, and Group executive office. It generates maximum revenue from the WeBuyCars segment. WeBuyCars segment includes buyer, distributor, and retailer of vehicles, which also offers financial and other allied products. SA Taxi segment is engaged in a vertically integrated taxi platform incorporating a unique blend of vehicle procurement, retail, repossession and refurbishment capabilities with asset-backed developmental finance and insurance competencies for focused vehicle types.

Transaction Capital (JSE:TCP) Headlines