AUB Group (ASX:AUB) Equity-to-Asset : 0.33 (As of Dec. 2023)

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What is AUB Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AUB Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,252.7 Mil. AUB Group's Total Assets for the quarter that ended in Dec. 2023 was A$3,757.1 Mil. Therefore, AUB Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

ASX:AUB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.41 Max: 0.52
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of AUB Group was 0.52. The lowest was 0.29. And the median was 0.41.

ASX:AUB's Equity-to-Asset is ranked better than
67.07% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs ASX:AUB: 0.33

AUB Group Equity-to-Asset Historical Data

The historical data trend for AUB 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.

AUB Group Equity-to-Asset Chart

AUB Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.41

0.42

0.52

0.33

AUB Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.40	0.52	0.29	0.33	0.33

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

For the Insurance Brokers subindustry, AUB 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.

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

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

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

AUB 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.

AUB Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1279.853	/	3884.318
	=	0.33

AUB Group'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
	=	1252.679	/	3757.122
	=	0.33

AUB Group (ASX:AUB) 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%.

AUB Group Equity-to-Asset Related Terms

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

AUB Group (ASX:AUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AUB Group Ltd (ASX:AUB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

A5H:Germany

Address

141 Walker Street, Level 14, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.aubgroup.com.au

AUB Group is the second-largest general insurance broker network in Australia and New Zealand. It has an ownership in brokerage businesses which collectively write over AUD 5 billion in premiums. It also owns equity stakes in 27 underwriting agencies. AUB derives revenue from commissions (from insurers, ultimately paid for by AUB's customers) based on gross written premium, or GWP, from agencies it owns, and a share of profits from associates and joint ventures. GWP is split between personal (7%), small to medium enterprises (65%), and corporates (28%).