GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Harmony Energy Income Trust PLC (LSE:HEIT) » Definitions » Equity-to-Asset

Harmony Energyome Trust (LSE:HEIT) Equity-to-Asset : 1.00 (As of Oct. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Harmony Energyome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Harmony Energyome Trust's Total Stockholders Equity for the quarter that ended in Oct. 2024 was £201.05 Mil. Harmony Energyome Trust's Total Assets for the quarter that ended in Oct. 2024 was £201.42 Mil. Therefore, Harmony Energyome Trust's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was 1.00.

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

LSE:HEIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 1   Max: 1
Current: 1

During the past 3 years, the highest Equity to Asset Ratio of Harmony Energyome Trust was 1.00. The lowest was 0.94. And the median was 1.00.

LSE:HEIT's Equity-to-Asset is ranked better than
99.88% of 1684 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:HEIT: 1.00

Harmony Energyome Trust Equity-to-Asset Historical Data

The historical data trend for Harmony Energyome 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.

Harmony Energyome Trust Equity-to-Asset Chart

Harmony Energyome Trust Annual Data
Trend Oct22 Oct23 Oct24
Equity-to-Asset
0.94 1.00 1.00

Harmony Energyome Trust Semi-Annual Data
Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Equity-to-Asset Get a 7-Day Free Trial 0.94 1.00 1.00 1.00 1.00

Competitive Comparison of Harmony Energyome Trust's Equity-to-Asset

For the Asset Management subindustry, Harmony Energyome 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.


Harmony Energyome Trust's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Harmony Energyome Trust's Equity-to-Asset falls into.


;
;

Harmony Energyome 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.

Harmony Energyome Trust's Equity to Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Equity to Asset (A: Oct. 2024 )=Total Stockholders Equity/Total Assets
=201.047/201.421
=1.00

Harmony Energyome Trust's Equity to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Equity to Asset (Q: Oct. 2024 )=Total Stockholders Equity/Total Assets
=201.047/201.421
=1.00

* 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.


Harmony Energyome Trust  (LSE:HEIT) 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%.


Harmony Energyome Trust Equity-to-Asset Related Terms

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


Harmony Energyome Trust Business Description

Traded in Other Exchanges
N/A
Address
52 Lime Street, The Scalpel 18th Floor, London, GBR, EC3M 7AF
Harmony Energy Income Trust PLC is an investment company that invests in commercial-scale energy storage and renewable energy generation projects, with an initial focus on a diversified portfolio of battery energy storage systems (BESS) located across Great Britain.

Harmony Energyome Trust Headlines

No Headlines