Trisura Group (TSX:TSU) Equity-to-Asset : 0.17 (As of Dec. 2023)

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What is Trisura Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trisura Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$619 Mil. Trisura Group's Total Assets for the quarter that ended in Dec. 2023 was C$3,584 Mil. Therefore, Trisura Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

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

TSX:TSU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.18 Max: 0.25
Current: 0.17

During the past 8 years, the highest Equity to Asset Ratio of Trisura Group was 0.25. The lowest was 0.17. And the median was 0.18.

TSX:TSU's Equity-to-Asset is ranked worse than
61.99% of 492 companies
in the Insurance industry
Industry Median: 0.24 vs TSX:TSU: 0.17

Trisura Group Equity-to-Asset Historical Data

The historical data trend for Trisura Group'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.

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Trisura Group Equity-to-Asset Chart

Trisura Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.20

0.17

0.18

0.17

Trisura Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.18	0.17	0.17	0.18	0.17

Competitive Comparison of Trisura Group's Equity-to-Asset

For the Insurance - Specialty subindustry, Trisura Group'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.

Trisura Group's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Trisura Group's Equity-to-Asset distribution charts can be found below:

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

Trisura Group 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.

Trisura Group'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
	=	619.429	/	3584.445
	=	0.17

Trisura Group'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
	=	619.429	/	3584.445
	=	0.17

Trisura Group (TSX:TSU) 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%.

Trisura Group Equity-to-Asset Related Terms

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

Trisura Group (TSX:TSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Trisura Group Ltd (TSX:TSU) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TRRSF:USA

Address

333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2

Website

https://www.trisura.com

Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions, and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.

Executives

Chris Yoshio Sekine

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Trisura Group (TSX:TSU) Headlines

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