Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AlTi Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $341.9 Mil. AlTi Global's Total Assets for the quarter that ended in Dec. 2023 was $1,266.6 Mil.
Therefore, AlTi Global's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.
The historical rank and industry rank for AlTi Global's Equity-to-Asset or its related term are showing as below:
ALTI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.57 Max: 0.72
Current: 0.27
During the past 5 years, the highest Equity to Asset Ratio of AlTi Global was 0.72. The lowest was 0.19. And the median was 0.57.
ALTI's Equity-to-Asset is ranked worse than 91.9% of 1728
companies
in the Asset Management industry
Industry Median: 0.83
vs ALTI: 0.27
AlTi Global Equity-to-Asset Historical Data
The historical data trend for AlTi Global'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.
Competitive Comparison of AlTi Global's Equity-to-Asset
For the Asset Management subindustry, AlTi Global'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.
AlTi Global's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, AlTi Global's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where AlTi Global's Equity-to-Asset falls into.
AlTi Global 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.
AlTi Global's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
AlTi Global (NAS:ALTI) 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%.
AlTi Global Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of AlTi Global's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
AlTi Global Inc is an independent wealth and asset manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary capabilities as well as alternative investment strategies and advisory services. The firm manages or advises on approximately $60 billion in combined assets and has an expansive network with over 400 professionals across four continents.
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