Australian Agricultural Co (Australian Agricultural Co) Equity-to-Asset

: 0.64 (As of Sep. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Australian Agricultural Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $933.8 Mil. Australian Agricultural Co's Total Assets for the quarter that ended in Sep. 2023 was $1,455.5 Mil. Therefore, Australian Agricultural Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.64.

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

ASAGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.66 Max: 0.68
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Australian Agricultural Co was 0.68. The lowest was 0.62. And the median was 0.66.

ASAGF's Equity-to-Asset is ranked better than
65.27% of 1909 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ASAGF: 0.64

Australian Agricultural Co Equity-to-Asset Historical Data

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.66

0.64

0.66

Australian Agricultural Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset																0.66	0.66	0.66	0.66	0.64

Competitive Comparison

For the Farm Products subindustry, Australian Agricultural Co'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.

Australian Agricultural Co Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Co's Equity-to-Asset distribution charts can be found below:

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

Australian Agricultural Co 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.

Australian Agricultural Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1042.781	/	1588.261
	=	0.66

Australian Agricultural Co'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
	=	933.84	/	1455.535
	=	0.64

Australian Agricultural Co (OTCPK:ASAGF) 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%.

Australian Agricultural Co Equity-to-Asset Related Terms

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Australian Agricultural Co (Australian Agricultural Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (OTCPK:ASAGF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AAYYY:USA AY5:Germany AAC:Australia

Address

76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006

Website

https://www.aaco.com.au

Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.