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Finsbury Growth &ome Trust (LSE:FGT) Equity-to-Asset : 0.98 (As of Sep. 2023)


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What is Finsbury Growth &ome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Finsbury Growth &ome Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1,822.7 Mil. Finsbury Growth &ome Trust's Total Assets for the quarter that ended in Sep. 2023 was £1,864.3 Mil. Therefore, Finsbury Growth &ome Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.98.

The historical rank and industry rank for Finsbury Growth &ome Trust's Equity-to-Asset or its related term are showing as below:

LSE:FGT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.95   Med: 0.98   Max: 0.98
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Finsbury Growth &ome Trust was 0.98. The lowest was 0.95. And the median was 0.98.

LSE:FGT's Equity-to-Asset is ranked better than
80.97% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:FGT: 0.98

Finsbury Growth &ome Trust Equity-to-Asset Historical Data

The historical data trend for Finsbury Growth &ome 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.

Finsbury Growth &ome Trust Equity-to-Asset Chart

Finsbury Growth &ome Trust 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 0.98 0.98 0.98 0.98 0.98

Finsbury Growth &ome Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.98 0.98 0.98 0.98 0.98

Competitive Comparison of Finsbury Growth &ome Trust's Equity-to-Asset

For the Asset Management subindustry, Finsbury Growth &ome 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.


Finsbury Growth &ome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Finsbury Growth &ome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Finsbury Growth &ome Trust's Equity-to-Asset falls into.



Finsbury Growth &ome 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.

Finsbury Growth &ome Trust'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
=1822.729/1864.295
=0.98

Finsbury Growth &ome Trust'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
=1822.729/1864.295
=0.98

* 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.


Finsbury Growth &ome Trust  (LSE:FGT) 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%.


Finsbury Growth &ome Trust Equity-to-Asset Related Terms

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


Finsbury Growth &ome Trust (LSE:FGT) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, Festival Square, Edinburgh, GBR, EH3 9WJ
Finsbury Growth & Income Trust PLC is an alternative investment fund achieving capital and income growth and providing shareholders with a total return in excess of that of the FTSE All-Share Index. Geographically, the company operates within the United Kingdom, The United States of America, France and the Netherlands and generates a majority of its revenue from the United Kingdom.

Finsbury Growth &ome Trust (LSE:FGT) Headlines

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