IVE Group (ASX:IGL) Equity-to-Asset

: 0.28 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IVE Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$194.3 Mil. IVE Group's Total Assets for the quarter that ended in Dec. 2023 was A$690.2 Mil. Therefore, IVE Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

ASX:IGL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.32 Max: 0.4
Current: 0.28

During the past 8 years, the highest Equity to Asset Ratio of IVE Group was 0.40. The lowest was 0.27. And the median was 0.32.

ASX:IGL's Equity-to-Asset is ranked worse than
75.28% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs ASX:IGL: 0.28

IVE Group Equity-to-Asset Historical Data

The historical data trend for IVE 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.

IVE Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.39

0.27

0.29

IVE Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset													0.33	0.29	0.28	0.29	0.28

Competitive Comparison

For the Advertising Agencies subindustry, IVE 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.

IVE Group Equity-to-Asset Distribution

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

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

IVE 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.

IVE 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
	=	193.558	/	675.278
	=	0.29

IVE 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
	=	194.297	/	690.164
	=	0.28

IVE Group (ASX:IGL) 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%.

IVE Group Equity-to-Asset Related Terms

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

IVE Group (ASX:IGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IVE Group Ltd (ASX:IGL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-374 Parramatta Road, Building B, Homebush, Sydney, NSW, AUS, 2140

Website

https://www.ivegroup.com.au

IVE Group Ltd is a diversified print and marketing communications company. The principal activities of the company include conceptual and creative design across print, mobile and interactive media; catalogues, the printing of magazines, marketing, and corporate communications materials and stationery. Also, the company provides personalized communications including marketing mail, publication mail, e-communications, and multi-channel solutions. It serves sectors such as financial services, publishing, retail, communications, property, clubs and associations, not-for-profit, utilities, manufacturing, education, and government.

IVE Group (ASX:IGL) Headlines

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