TLGPY (Telstra Group) Equity-to-Asset : 0.33 (As of Dec. 2024)

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What is Telstra Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Telstra Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $9,383 Mil. Telstra Group's Total Assets for the quarter that ended in Dec. 2024 was $28,882 Mil. Therefore, Telstra Group's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.33.

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

TLGPY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.34 Max: 0.37
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Telstra Group was 0.37. The lowest was 0.32. And the median was 0.34.

TLGPY's Equity-to-Asset is ranked worse than
59.95% of 377 companies
in the Telecommunication Services industry
Industry Median: 0.39 vs TLGPY: 0.33

Telstra Group Equity-to-Asset Historical Data

The historical data trend for Telstra 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.

Telstra Group Equity-to-Asset Chart

Telstra Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Equity-to-Asset

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0.33

0.34

0.37

0.34

0.33

Telstra Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial															0.34	0.34	0.34	0.33	0.33

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

For the Telecom Services subindustry, Telstra 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.

Telstra Group's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telstra Group's Equity-to-Asset distribution charts can be found below:

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

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Telstra 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.

Telstra Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	9908.367	/	30245.684
	=	0.33

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

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	9382.521	/	28882.204
	=	0.32

Telstra Group (OTCPK:TLGPY) 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%.

Telstra Group Equity-to-Asset Related Terms

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Telstra Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (OTCPK:TLGPY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TTRAF:USA 5KBA:Germany TLS:Australia

Address

242 Exhibition Street, Level 41 - Telstra Centre, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications company, with dominant market shares in voice, mobile, enterprise telecom, legacy voice, and fixed-line broadband resale. The former government monopoly, privatized in 1997, provides its services via its infrastructure assets such as a fixed-line network (data centers, exchanges, poles, ducts, pits and pipes, fiber network), a mobile network, and mobile towers. Its customers span retail, corporate, government, wholesale, and overseas segments. Telstra also provides the government-owned, last-mile fixed-line National Broadband Network with long-term access to its infrastructure, in return for recurring payments. Telstra also operates a leading telecom business in Papua New Guinea and surrounding South-Pacific countries.