Skycap Investment Holdings (XCNQ:SKY) Equity-to-Asset : 0.97 (As of Dec. 2024)

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What is Skycap Investment Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Skycap Investment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$15.64 Mil. Skycap Investment Holdings's Total Assets for the quarter that ended in Dec. 2024 was C$16.08 Mil. Therefore, Skycap Investment Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.97.

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

XCNQ:SKY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.91 Max: 0.97
Current: 0.97

During the past 4 years, the highest Equity to Asset Ratio of Skycap Investment Holdings was 0.97. The lowest was 0.18. And the median was 0.91.

XCNQ:SKY's Equity-to-Asset is ranked better than
76.69% of 1686 companies
in the Asset Management industry
Industry Median: 0.84 vs XCNQ:SKY: 0.97

Skycap Investment Holdings Equity-to-Asset Historical Data

The historical data trend for Skycap Investment Holdings'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.

Skycap Investment Holdings Equity-to-Asset Chart

Skycap Investment Holdings Annual Data

Trend

Dec20

Mar22

Mar23

Mar24

Equity-to-Asset

0.96

0.94

0.85

0.81

Skycap Investment Holdings Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial									0.85	0.83	0.81	0.95	0.97

Competitive Comparison of Skycap Investment Holdings's Equity-to-Asset

For the Asset Management subindustry, Skycap Investment Holdings'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.

Skycap Investment Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Skycap Investment Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Skycap Investment Holdings's Equity-to-Asset falls into.

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Skycap Investment Holdings 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.

Skycap Investment Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	6.185	/	7.613
	=	0.81

Skycap Investment Holdings'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
	=	15.642	/	16.08
	=	0.97

Skycap Investment Holdings (XCNQ:SKY) 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%.

Skycap Investment Holdings Equity-to-Asset Related Terms

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