Chenavari Toroome Fund (LSE:TORO) Equity-to-Asset : 0.86 (As of Sep. 2023)

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What is Chenavari Toroome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chenavari Toroome Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €198.95 Mil. Chenavari Toroome Fund's Total Assets for the quarter that ended in Sep. 2023 was €232.48 Mil. Therefore, Chenavari Toroome Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.86.

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

LSE:TORO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84 Med: 0.91 Max: 0.97
Current: 0.86

During the past 8 years, the highest Equity to Asset Ratio of Chenavari Toroome Fund was 0.97. The lowest was 0.84. And the median was 0.91.

LSE:TORO's Equity-to-Asset is ranked better than
54.78% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:TORO: 0.86

Chenavari Toroome Fund Equity-to-Asset Historical Data

The historical data trend for Chenavari Toroome Fund'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.

Chenavari Toroome Fund Equity-to-Asset Chart

Chenavari Toroome Fund Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.84

0.92

0.86

0.89

0.86

Chenavari Toroome Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial										0.86	0.78	0.89	0.88	0.86

Competitive Comparison of Chenavari Toroome Fund's Equity-to-Asset

For the Asset Management subindustry, Chenavari Toroome Fund'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.

Chenavari Toroome Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

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

Chenavari Toroome Fund 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.

Chenavari Toroome Fund's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	198.948	/	232.482
	=	0.86

Chenavari Toroome Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	198.948	/	232.482
	=	0.86

Chenavari Toroome Fund (LSE:TORO) 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%.

Chenavari Toroome Fund Equity-to-Asset Related Terms

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

Chenavari Toroome Fund (LSE:TORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chenavari Toro Income Fund Ltd (LSE:TORO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, PO Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.chenavaritoroincomefund.com

Chenavari Toro Income Fund Ltd is a closed-end investment company incorporated in Guernsey. The investment objective is to deliver an absolute return from investing and trading in Asset-Backed Securities and other structured credit investments in liquid markets, and investing directly or indirectly in asset-backed transactions including, without limitation, through the origination of credit portfolios.