Argo Global Listed Infrastructure (ASX:ALI) Equity-to-Asset : 0.99 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Argo Global Listed Infrastructure Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Argo Global Listed Infrastructure's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$406.87 Mil. Argo Global Listed Infrastructure's Total Assets for the quarter that ended in Dec. 2023 was A$409.98 Mil. Therefore, Argo Global Listed Infrastructure's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

The historical rank and industry rank for Argo Global Listed Infrastructure's Equity-to-Asset or its related term are showing as below:

ASX:ALI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92 Med: 0.97 Max: 1
Current: 0.99

During the past 8 years, the highest Equity to Asset Ratio of Argo Global Listed Infrastructure was 1.00. The lowest was 0.92. And the median was 0.97.

ASX:ALI's Equity-to-Asset is ranked better than
90.33% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:ALI: 0.99

Argo Global Listed Infrastructure Equity-to-Asset Historical Data

The historical data trend for Argo Global Listed Infrastructure'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.

Argo Global Listed Infrastructure Equity-to-Asset Chart

Argo Global Listed Infrastructure Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.92

0.97

0.95

0.96

Argo Global Listed Infrastructure Semi-Annual Data
	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											0.96	0.95	0.95	0.96	0.99

Competitive Comparison of Argo Global Listed Infrastructure's Equity-to-Asset

For the Asset Management subindustry, Argo Global Listed Infrastructure'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.

Argo Global Listed Infrastructure's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Global Listed Infrastructure's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Argo Global Listed Infrastructure's Equity-to-Asset falls into.

Argo Global Listed Infrastructure 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.

Argo Global Listed Infrastructure's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	417.884	/	433.804
	=	0.96

Argo Global Listed Infrastructure'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
	=	406.867	/	409.982
	=	0.99

Argo Global Listed Infrastructure (ASX:ALI) 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%.

Argo Global Listed Infrastructure Equity-to-Asset Related Terms

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

Argo Global Listed Infrastructure (ASX:ALI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Global Listed Infrastructure Ltd (ASX:ALI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

91 King William Street, Level 25, Adelaide, SA, AUS, 5000

Website

https://www.argoinfrastructure.com.au

Argo Global Listed Infrastructure Ltd is an investment company, which manages a portfolio of global listed securities in the Infrastructure sector. The business objective of the company is to provide a total return for long-term investors consisting of capital growth and dividend income, from a global listed infrastructure portfolio which can provide diversification benefits for Australian investors. The company derives its revenue from its international investment portfolio through the receipt of dividends, distributions, interest and any profits on the revaluation or sale of its investments.

Argo Global Listed Infrastructure (ASX:ALI) Headlines

No Headlines