IPD Group (ASX:IPG) Equity-to-Asset : 0.70 (As of Dec. 2023)

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What is IPD Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IPD Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$142.7 Mil. IPD Group's Total Assets for the quarter that ended in Dec. 2023 was A$205.2 Mil. Therefore, IPD Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

ASX:IPG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.51 Max: 0.7
Current: 0.7

During the past 3 years, the highest Equity to Asset Ratio of IPD Group was 0.70. The lowest was 0.49. And the median was 0.51.

ASX:IPG's Equity-to-Asset is ranked better than
73.36% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs ASX:IPG: 0.70

IPD Group Equity-to-Asset Historical Data

The historical data trend for IPD 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.

* Premium members only.

IPD Group Equity-to-Asset Chart

IPD Group Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

0.51

0.52

IPD Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.49	0.51	0.50	0.52	0.70

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

For the Specialty Industrial Machinery subindustry, IPD 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.

IPD Group's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IPD Group's Equity-to-Asset distribution charts can be found below:

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

IPD 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.

IPD Group'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
	=	72.915	/	139.607
	=	0.52

IPD 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
	=	142.683	/	205.181
	=	0.70

IPD Group (ASX:IPG) 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%.

IPD Group Equity-to-Asset Related Terms

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

IPD Group (ASX:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IPD Group Ltd (ASX:IPG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

43-47 Newton Road, Wetherill Park, Sydney, NSW, AUS, 2164

Website

https://www.ipdgroup.com.au

IPD Group Ltd serves the electrical industry. The company's core focus is power distribution, power monitoring, industrial control, renewables, test and measurement, and services, across a range of verticals such as power generation, commercial, hospitality, infrastructure, and sports and leisure facilities. Its segment includes Products division and Services division. The company generates maximum revenue from the Products division segment. The company's product division consists of five different types of product categories namely, Power distribution, Industrial and motor control, Automation and industrial communication, Power monitoring, Electric vehicle solutions.