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Virtu Financial (LTS:0A7X) Equity-to-Asset : 0.09 (As of Sep. 2024)


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What is Virtu Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtu Financial's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,232 Mil. Virtu Financial's Total Assets for the quarter that ended in Sep. 2024 was $14,401 Mil. Therefore, Virtu Financial's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.09.

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

LTS:0A7X' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.11   Max: 0.15
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Virtu Financial was 0.15. The lowest was 0.03. And the median was 0.11.

LTS:0A7X's Equity-to-Asset is ranked worse than
88.83% of 797 companies
in the Capital Markets industry
Industry Median: 0.54 vs LTS:0A7X: 0.09

Virtu Financial Equity-to-Asset Historical Data

The historical data trend for Virtu Financial'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.

Virtu Financial Equity-to-Asset Chart

Virtu Financial 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 0.10 0.15 0.15 0.13 0.08

Virtu Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.07 0.08 0.10 0.09 0.09

Competitive Comparison of Virtu Financial's Equity-to-Asset

For the Capital Markets subindustry, Virtu Financial'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.


Virtu Financial's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Virtu Financial's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Virtu Financial's Equity-to-Asset falls into.



Virtu Financial 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.

Virtu Financial'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
=1202.727/14466.384
=0.08

Virtu Financial'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
=1232.405/14400.706
=0.09

* 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.


Virtu Financial  (LTS:0A7X) 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%.


Virtu Financial Equity-to-Asset Related Terms

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


Virtu Financial Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

Virtu Financial Headlines

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