Rubicon Water (ASX:RWL) Equity-to-Asset : 0.54 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Rubicon Water Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rubicon Water's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$60.18 Mil. Rubicon Water's Total Assets for the quarter that ended in Dec. 2023 was A$111.06 Mil. Therefore, Rubicon Water's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

ASX:RWL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.57 Max: 0.6
Current: 0.54

During the past 2 years, the highest Equity to Asset Ratio of Rubicon Water was 0.60. The lowest was 0.54. And the median was 0.57.

ASX:RWL's Equity-to-Asset is ranked better than
75.82% of 521 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs ASX:RWL: 0.54

Rubicon Water Equity-to-Asset Historical Data

The historical data trend for Rubicon Water'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.

Rubicon Water Equity-to-Asset Chart

Rubicon Water Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.60

0.59

Rubicon Water Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.60	0.60	0.55	0.59	0.54

Competitive Comparison of Rubicon Water's Equity-to-Asset

For the Utilities - Regulated Water subindustry, Rubicon Water'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.

Rubicon Water's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Equity-to-Asset distribution charts can be found below:

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

Rubicon Water 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.

Rubicon Water'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
	=	65.75	/	111.579
	=	0.59

Rubicon Water'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
	=	60.181	/	111.057
	=	0.54

Rubicon Water (ASX:RWL) 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%.

Rubicon Water Equity-to-Asset Related Terms

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

Rubicon Water (ASX:RWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rubicon Water Ltd (ASX:RWL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Cato Street, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.rubiconwater.com

Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.

Rubicon Water (ASX:RWL) Headlines

From GuruFocus

Kozak & Associates, Inc. Goes on Buying Spree in 3rd Quarter

By GuruFocus Research GuruFocus Editor • 10-12-2022

Kozak & Associates, Inc. Goes on Buying Spree in 4th Quarter

By GuruFocus Research GuruFocus Editor • 01-03-2023