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RiverFort Global Opportunities (LSE:RGO) Equity-to-Asset : 0.85 (As of Dec. 2023)


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What is RiverFort Global Opportunities Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. RiverFort Global Opportunities's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £5.25 Mil. RiverFort Global Opportunities's Total Assets for the quarter that ended in Dec. 2023 was £6.15 Mil. Therefore, RiverFort Global Opportunities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.85.

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

LSE:RGO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.97   Max: 0.99
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of RiverFort Global Opportunities was 0.99. The lowest was 0.81. And the median was 0.97.

LSE:RGO's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs LSE:RGO: 0.85

RiverFort Global Opportunities Equity-to-Asset Historical Data

The historical data trend for RiverFort Global Opportunities'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.

RiverFort Global Opportunities Equity-to-Asset Chart

RiverFort Global Opportunities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.81 0.88 0.97 0.85

RiverFort Global Opportunities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.88 0.96 0.97 0.95 0.85

Competitive Comparison of RiverFort Global Opportunities's Equity-to-Asset

For the Asset Management subindustry, RiverFort Global Opportunities'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.


RiverFort Global Opportunities's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverFort Global Opportunities's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where RiverFort Global Opportunities's Equity-to-Asset falls into.



RiverFort Global Opportunities 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.

RiverFort Global Opportunities's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5.245/6.147
=0.85

RiverFort Global Opportunities's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5.245/6.147
=0.85

* 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.


RiverFort Global Opportunities  (LSE:RGO) 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%.


RiverFort Global Opportunities Equity-to-Asset Related Terms

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


RiverFort Global Opportunities (LSE:RGO) Business Description

Traded in Other Exchanges
N/A
Address
18 High Street, Suite 39, High Wycombe, Buckinghamshire, GBR, HP11 2BE
RiverFort Global Opportunities PLC is an investment company. It focuses on investing in a number of sectors including the natural resources, technology, and healthcare sectors.

RiverFort Global Opportunities (LSE:RGO) Headlines

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