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abrdn Latin Americanome Fund (LSE:ALAI) Equity-to-Asset : 0.86 (As of Aug. 2022)


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What is abrdn Latin Americanome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn Latin Americanome Fund's Total Stockholders Equity for the quarter that ended in Aug. 2022 was £36.07 Mil. abrdn Latin Americanome Fund's Total Assets for the quarter that ended in Aug. 2022 was £41.82 Mil. Therefore, abrdn Latin Americanome Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2022 was 0.86.

The historical rank and industry rank for abrdn Latin Americanome Fund's Equity-to-Asset or its related term are showing as below:

LSE:ALAI's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

abrdn Latin Americanome Fund Equity-to-Asset Historical Data

The historical data trend for abrdn Latin Americanome Fund'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.

abrdn Latin Americanome Fund Equity-to-Asset Chart

abrdn Latin Americanome Fund Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.88 0.85 0.86 0.86

abrdn Latin Americanome Fund Semi-Annual Data
Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22
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 0.85 0.84 0.86 0.85 0.86

Competitive Comparison of abrdn Latin Americanome Fund's Equity-to-Asset

For the Asset Management subindustry, abrdn Latin Americanome Fund'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.


abrdn Latin Americanome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Latin Americanome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where abrdn Latin Americanome Fund's Equity-to-Asset falls into.



abrdn Latin Americanome Fund 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.

abrdn Latin Americanome Fund's Equity to Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

Equity to Asset (A: Aug. 2022 )=Total Stockholders Equity/Total Assets
=36.072/41.819
=0.86

abrdn Latin Americanome Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

Equity to Asset (Q: Aug. 2022 )=Total Stockholders Equity/Total Assets
=36.072/41.819
=0.86

* 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.


abrdn Latin Americanome Fund  (LSE:ALAI) 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%.


abrdn Latin Americanome Fund Equity-to-Asset Related Terms

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abrdn Latin Americanome Fund (LSE:ALAI) Business Description

Traded in Other Exchanges
N/A
Address
48 - 50 Esplanade, 1st Floor, Sir Walter Raleigh House, Saint Helier, JEY, JE2 3QB
abrdn Latin American Income Fund Ltd is a closed-ended investment company. The investment objective of the company is to provide Ordinary Shareholders with a total return, with an above average yield, primarily through investing in Latin American securities. It has a diversified portfolio consisting of equities, equity-related and fixed income investments with approximately 25% of its gross assets invested in equity and equity-related investments and approximately 25% of its gross assets invested in fixed income investments. Geographically, it derives a majority of revenue from Brazil. Its only operating segment investing in equity securities, debt instruments, and related derivatives.

abrdn Latin Americanome Fund (LSE:ALAI) Headlines

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