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Wilmington Capital Management (TSX:WCM.B) Equity-to-Asset : 0.97 (As of Jun. 2023)


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What is Wilmington Capital Management Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wilmington Capital Management's Total Stockholders Equity for the quarter that ended in Jun. 2023 was C$68.16 Mil. Wilmington Capital Management's Total Assets for the quarter that ended in Jun. 2023 was C$70.51 Mil. Therefore, Wilmington Capital Management's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.97.

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

TSX:WCM.B' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.96   Max: 0.98
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Wilmington Capital Management was 0.98. The lowest was 0.75. And the median was 0.96.

TSX:WCM.B's Equity-to-Asset is ranked better than
74.1% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:WCM.B: 0.96

Wilmington Capital Management Equity-to-Asset Historical Data

The historical data trend for Wilmington Capital Management'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.

Wilmington Capital Management Equity-to-Asset Chart

Wilmington Capital Management 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 0.92 0.98 0.98 0.97 0.96

Wilmington Capital Management Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.97 0.97 0.97 0.97 0.96

Competitive Comparison of Wilmington Capital Management's Equity-to-Asset

For the Asset Management subindustry, Wilmington Capital Management'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.


Wilmington Capital Management's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Wilmington Capital Management's Equity-to-Asset falls into.



Wilmington Capital Management 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.

Wilmington Capital Management'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
=71.303/74.17
=0.96

Wilmington Capital Management's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=68.163/70.505
=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.


Wilmington Capital Management  (TSX:WCM.B) 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%.


Wilmington Capital Management Equity-to-Asset Related Terms

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


Wilmington Capital Management (TSX:WCM.B) Business Description

Traded in Other Exchanges
Address
3282 Ogdens Beach Road, Midland, ON, CAN, L4R 4K3
Wilmington Capital Management Inc is a Canada based investment and asset management company. Its principal objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. The corporation invests its own capital alongside partners and co-investors, in hard assets and private equity funds and manages these assets through operating entities.

Wilmington Capital Management (TSX:WCM.B) Headlines

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