SelfWealth (ASX:SWF) Equity-to-Asset

: 0.80 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SelfWealth's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$12.40 Mil. SelfWealth's Total Assets for the quarter that ended in Dec. 2023 was A$15.60 Mil. Therefore, SelfWealth's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.80.

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

ASX:SWF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.76 Max: 0.88
Current: 0.8

During the past 6 years, the highest Equity to Asset Ratio of SelfWealth was 0.88. The lowest was 0.58. And the median was 0.76.

ASX:SWF's Equity-to-Asset is ranked better than
73.57% of 806 companies
in the Capital Markets industry
Industry Median: 0.495 vs ASX:SWF: 0.80

SelfWealth Equity-to-Asset Historical Data

The historical data trend for SelfWealth'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.

SelfWealth Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.80

0.70

0.67

0.65

0.75

SelfWealth Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.79	0.65	0.76	0.75	0.80

Competitive Comparison

For the Capital Markets subindustry, SelfWealth'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.

SelfWealth Equity-to-Asset Distribution

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

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

SelfWealth 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.

SelfWealth'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
	=	11.095	/	14.799
	=	0.75

SelfWealth'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
	=	12.403	/	15.603
	=	0.79

SelfWealth (ASX:SWF) 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%.

SelfWealth Equity-to-Asset Related Terms

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

SelfWealth (ASX:SWF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SelfWealth Ltd (ASX:SWF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Lonsdale Street, Level 7, North End, Melbourne, VIC, AUS, 3000

Website

https://www.selfwealth.com.au

SelfWealth Ltd is an Australia-based company, engaged in the provision of flat fee online securities brokerage services. It enables investors to trade in the Australian and United States stock markets. SelfWealth has a scalable platform with diversified revenue streams and operating leverage, which provides responsible, secure, and price-conscious investment solutions for retail investors. The SelfWealth Adviser platform enables financial advisers and other financial intermediaries with features and functionality to manage client direct equity portfolios. The Company has one reportable segment; that is, to provide a flat-fee securities brokerage service in Australia.

SelfWealth (ASX:SWF) Headlines

No Headlines