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abrdn Asia Focus (LSE:AAS) Equity-to-Asset : 0.86 (As of Jan. 2024)


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What is abrdn Asia Focus Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn Asia Focus's Total Stockholders Equity for the quarter that ended in Jan. 2024 was £466.50 Mil. abrdn Asia Focus's Total Assets for the quarter that ended in Jan. 2024 was £540.30 Mil. Therefore, abrdn Asia Focus's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.86.

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

LSE:AAS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86   Med: 0.88   Max: 0.91
Current: 0.86

During the past 13 years, the highest Equity to Asset Ratio of abrdn Asia Focus was 0.91. The lowest was 0.86. And the median was 0.88.

LSE:AAS's Equity-to-Asset is ranked better than
54.63% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:AAS: 0.86

abrdn Asia Focus Equity-to-Asset Historical Data

The historical data trend for abrdn Asia Focus'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.

abrdn Asia Focus Equity-to-Asset Chart

abrdn Asia Focus Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.88 0.87 0.87 0.87

abrdn Asia Focus Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.87 0.87 0.87 0.87 0.86

Competitive Comparison of abrdn Asia Focus's Equity-to-Asset

For the Asset Management subindustry, abrdn Asia Focus'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.


abrdn Asia Focus's Equity-to-Asset Distribution in the Asset Management Industry

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

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



abrdn Asia Focus 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.

abrdn Asia Focus's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=485.784/557.716
=0.87

abrdn Asia Focus's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=466.501/540.303
=0.86

* 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.


abrdn Asia Focus  (LSE:AAS) 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%.


abrdn Asia Focus Equity-to-Asset Related Terms

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abrdn Asia Focus (LSE:AAS) Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

abrdn Asia Focus (LSE:AAS) Headlines

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