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Energyome Fund (TSX:ENI.UN) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Energyome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Energyome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$3.99 Mil. Energyome Fund's Total Assets for the quarter that ended in Dec. 2023 was C$4.13 Mil. Therefore, Energyome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.97.

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

TSX:ENI.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.98   Max: 0.99
Current: 0.97

During the past 12 years, the highest Equity to Asset Ratio of Energyome Fund was 0.99. The lowest was 0.96. And the median was 0.98.

TSX:ENI.UN's Equity-to-Asset is ranked better than
76.35% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:ENI.UN: 0.97

Energyome Fund Equity-to-Asset Historical Data

The historical data trend for Energyome 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.

Energyome Fund Equity-to-Asset Chart

Energyome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.97 0.96 0.96 0.97

Energyome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.96 0.96 0.96 0.97 0.97

Competitive Comparison of Energyome Fund's Equity-to-Asset

For the Asset Management subindustry, Energyome 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.


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

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

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



Energyome 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.

Energyome Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3.992/4.125
=0.97

Energyome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=3.992/4.125
=0.97

* 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.


Energyome Fund  (TSX:ENI.UN) 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%.


Energyome Fund Equity-to-Asset Related Terms

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


Energyome Fund (TSX:ENI.UN) Business Description

Traded in Other Exchanges
N/A
Address
1325 Lawrence Avenue East, Suite 200, Toronto, ON, CAN, M3A 1C6
Energy Income Fund is a closed-end investment trust in Canada. The investment objectives are to provide the unitholders with monthly cash distributions and to achieve a total return on the portfolio. The benchmark index is the S&P/TSX Capped Energy Index.

Energyome Fund (TSX:ENI.UN) Headlines

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