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abrdn Asia-Pacificome Fund VCC (TSX:FAP) Equity-to-Asset : 0.68 (As of Oct. 2023)


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What is abrdn Asia-Pacificome Fund VCC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn Asia-Pacificome Fund VCC's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$126.59 Mil. abrdn Asia-Pacificome Fund VCC's Total Assets for the quarter that ended in Oct. 2023 was C$187.36 Mil. Therefore, abrdn Asia-Pacificome Fund VCC's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.68.

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

TSX:FAP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.7   Max: 0.73
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of abrdn Asia-Pacificome Fund VCC was 0.73. The lowest was 0.68. And the median was 0.70.

TSX:FAP's Equity-to-Asset is ranked worse than
65.47% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:FAP: 0.68

abrdn Asia-Pacificome Fund VCC Equity-to-Asset Historical Data

The historical data trend for abrdn Asia-Pacificome Fund VCC'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-Pacificome Fund VCC Equity-to-Asset Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.72 0.70 0.69 0.68

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.70 - 0.69 0.69 0.68

Competitive Comparison of abrdn Asia-Pacificome Fund VCC's Equity-to-Asset

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC'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-Pacificome Fund VCC's Equity-to-Asset Distribution in the Asset Management Industry

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

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



abrdn Asia-Pacificome Fund VCC 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-Pacificome Fund VCC's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=126.594/187.364
=0.68

abrdn Asia-Pacificome Fund VCC's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=126.594/187.364
=0.68

* 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-Pacificome Fund VCC  (TSX:FAP) 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-Pacificome Fund VCC Equity-to-Asset Related Terms

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abrdn Asia-Pacificome Fund VCC (TSX:FAP) Business Description

Traded in Other Exchanges
N/A
Address
21 Church Street, Number 01-01 Capital Square 2, Singapore, SGP, 049480
Aberdeen Asia-Pacific Income Investment Co Ltd is a closed-ended investment company. Its investment objective is to obtain current income and may also achieve incidental capital appreciation. The Company seeks to obtain these objectives primarily from investment in long-term debt securities.

abrdn Asia-Pacificome Fund VCC (TSX:FAP) Headlines

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