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Helia Group (STU:0GI0) Equity-to-Asset : 0.36 (As of Jun. 2024)


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What is Helia Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Helia Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €654.8 Mil. Helia Group's Total Assets for the quarter that ended in Jun. 2024 was €1,813.7 Mil. Therefore, Helia Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.36.

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

STU:0GI0' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.46   Max: 0.56
Current: 0.36

During the past 10 years, the highest Equity to Asset Ratio of Helia Group was 0.56. The lowest was 0.35. And the median was 0.46.

STU:0GI0's Equity-to-Asset is ranked better than
70.94% of 499 companies
in the Insurance industry
Industry Median: 0.25 vs STU:0GI0: 0.36

Helia Group Equity-to-Asset Historical Data

The historical data trend for Helia Group'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.

Helia Group Equity-to-Asset Chart

Helia Group 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 0.44 0.38 0.40 0.40 0.36

Helia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.38 0.40 0.35 0.36 0.36

Competitive Comparison of Helia Group's Equity-to-Asset

For the Insurance - Specialty subindustry, Helia Group'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.


Helia Group's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Helia Group's Equity-to-Asset distribution charts can be found below:

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



Helia Group 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.

Helia Group'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
=700.548/1966.094
=0.36

Helia Group's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=654.757/1813.707
=0.36

* 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.


Helia Group  (STU:0GI0) 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%.


Helia Group Equity-to-Asset Related Terms

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


Helia Group Business Description

Comparable Companies
Traded in Other Exchanges
Address
101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060
Helia listed on the Australian Securities Exchange in 2014 after its US-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.

Helia Group Headlines

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