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abrdn New India Investment Trust (LSE:ANII) Equity-to-Asset : 0.90 (As of Sep. 2024)


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What is abrdn New India Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn New India Investment Trust's Total Stockholders Equity for the quarter that ended in Sep. 2024 was £489.1 Mil. abrdn New India Investment Trust's Total Assets for the quarter that ended in Sep. 2024 was £542.6 Mil. Therefore, abrdn New India Investment Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.90.

The historical rank and industry rank for abrdn New India Investment Trust's Equity-to-Asset or its related term are showing as below:

LSE:ANII' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88   Med: 0.92   Max: 1
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of abrdn New India Investment Trust was 1.00. The lowest was 0.88. And the median was 0.92.

LSE:ANII's Equity-to-Asset is ranked better than
61.24% of 1703 companies
in the Asset Management industry
Industry Median: 0.84 vs LSE:ANII: 0.90

abrdn New India Investment Trust Equity-to-Asset Historical Data

The historical data trend for abrdn New India Investment Trust'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 New India Investment Trust Equity-to-Asset Chart

abrdn New India Investment Trust Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.90 0.89 0.89 0.90

abrdn New India Investment Trust Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.90 0.89 0.90 0.90 0.90

Competitive Comparison of abrdn New India Investment Trust's Equity-to-Asset

For the Asset Management subindustry, abrdn New India Investment Trust'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 New India Investment Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn New India Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where abrdn New India Investment Trust's Equity-to-Asset falls into.



abrdn New India Investment Trust 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 New India Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=427.054/474.644
=0.90

abrdn New India Investment Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=489.081/542.576
=0.90

* 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 New India Investment Trust  (LSE:ANII) 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 New India Investment Trust Equity-to-Asset Related Terms

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abrdn New India Investment Trust Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New India Investment Trust PLC is an investment trust. It outsources its investment management and administration to an investment management company. The company aims to provide shareholders with long-term capital appreciation by investing in companies that are incorporated in India or which derive revenue or profit from India, with dividend yield from the Company being of secondary importance. It invests in sectors such as Financials, Information Technology, Consumer Staples, Healthcare, Industrials, Real Estate, and others.

abrdn New India Investment Trust Headlines

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