Jamaica Stock Exchange (XJAM:JSE) Equity-to-Asset : 0.86 (As of Dec. 2023)

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What is Jamaica Stock Exchange Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jamaica Stock Exchange's Total Stockholders Equity for the quarter that ended in Dec. 2023 was JMD2,619 Mil. Jamaica Stock Exchange's Total Assets for the quarter that ended in Dec. 2023 was JMD3,058 Mil. Therefore, Jamaica Stock Exchange's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.86.

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

XJAM:JSE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.72 Med: 0.82 Max: 0.89
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of Jamaica Stock Exchange was 0.89. The lowest was 0.72. And the median was 0.82.

XJAM:JSE's Equity-to-Asset is ranked better than
77.92% of 806 companies
in the Capital Markets industry
Industry Median: 0.51 vs XJAM:JSE: 0.86

Jamaica Stock Exchange Equity-to-Asset Historical Data

The historical data trend for Jamaica Stock Exchange'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.

Jamaica Stock Exchange Equity-to-Asset Chart

Jamaica Stock Exchange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.81

0.82

0.85

0.86

Jamaica Stock Exchange Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										0.81	0.82	0.85	0.85	0.86

Competitive Comparison of Jamaica Stock Exchange's Equity-to-Asset

For the Financial Data & Stock Exchanges subindustry, Jamaica Stock Exchange'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.

Jamaica Stock Exchange's Equity-to-Asset Distribution in the Capital Markets Industry

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

* The bar in red indicates where Jamaica Stock Exchange's Equity-to-Asset falls into.

Jamaica Stock Exchange 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.

Jamaica Stock Exchange'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
	=	2618.949	/	3058.344
	=	0.86

Jamaica Stock Exchange'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
	=	2618.949	/	3058.344
	=	0.86

Jamaica Stock Exchange (XJAM:JSE) 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%.

Jamaica Stock Exchange Equity-to-Asset Related Terms

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

Jamaica Stock Exchange Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jamaica Stock Exchange Ltd (XJAM:JSE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Harbour Street, P.O. Box 1084, Kingston, JAM

Website

https://www.jamstockex.com

Jamaica Stock Exchange Ltd operates and regulates a stock exchange and develops a stock market in Jamaica. Through its subsidiary, the company is also establishing and maintaining a Central Securities Depository in Jamaica to facilitate the transfer of ownership of securities. Its operating segments are Exchange operations; JCSD services; Investments; and Trustee, custodian, company management, and other activities. It derives a portion of the revenue from the Exchange operations involving the Stock exchange's operation and regulation. Another critical revenue source is from JCSD services provided in connection with transferring and holding securities, shares, stocks, bonds, debentures, and registrar services. The group's operations are in Jamaica.

Jamaica Stock Exchange Headlines

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