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WAM Research (ASX:WAX) Equity-to-Asset : 0.92 (As of Dec. 2024)


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What is WAM Research Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WAM Research's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$232.59 Mil. WAM Research's Total Assets for the quarter that ended in Dec. 2024 was A$251.71 Mil. Therefore, WAM Research's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.92.

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

ASX:WAX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.96   Max: 1.2
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of WAM Research was 1.20. The lowest was 0.89. And the median was 0.96.

ASX:WAX's Equity-to-Asset is ranked better than
65.5% of 1684 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:WAX: 0.92

WAM Research Equity-to-Asset Historical Data

The historical data trend for WAM Research'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.

WAM Research Equity-to-Asset Chart

WAM Research Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.89 0.97 0.98 0.92

WAM Research Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.98 0.97 0.92 0.92

Competitive Comparison of WAM Research's Equity-to-Asset

For the Asset Management subindustry, WAM Research'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.


WAM Research's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WAM Research's Equity-to-Asset distribution charts can be found below:

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


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WAM Research 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.

WAM Research's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=214.664/233.636
=0.92

WAM Research's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=232.594/251.714
=0.92

* 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.


WAM Research  (ASX:WAX) 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%.


WAM Research Equity-to-Asset Related Terms

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


WAM Research Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Research Ltd is engaged in making investments in listed companies. The company's investment objectives is to deliver a stream of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable.

WAM Research Headlines

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