Stealth Group Holdings (ASX:SGI) Equity-to-Asset : 0.26 (As of Dec. 2023)

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What is Stealth Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stealth Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$16.5 Mil. Stealth Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$62.6 Mil. Therefore, Stealth Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.26.

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

ASX:SGI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.33 Max: 0.45
Current: 0.26

During the past 5 years, the highest Equity to Asset Ratio of Stealth Group Holdings was 0.45. The lowest was 0.25. And the median was 0.33.

ASX:SGI's Equity-to-Asset is ranked worse than
89.86% of 148 companies
in the Industrial Distribution industry
Industry Median: 0.475 vs ASX:SGI: 0.26

Stealth Group Holdings Equity-to-Asset Historical Data

The historical data trend for Stealth Group Holdings'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.

Stealth Group Holdings Equity-to-Asset Chart

Stealth Group Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.39

0.44

0.33

0.25

Stealth Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.25	0.25	0.26	0.25	0.26

Competitive Comparison of Stealth Group Holdings's Equity-to-Asset

For the Industrial Distribution subindustry, Stealth Group Holdings'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.

Stealth Group Holdings's Equity-to-Asset Distribution in the Industrial Distribution Industry

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

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

Stealth Group Holdings 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.

Stealth Group Holdings'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
	=	16.061	/	63.426
	=	0.25

Stealth Group Holdings'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
	=	16.509	/	62.633
	=	0.26

Stealth Group Holdings (ASX:SGI) 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%.

Stealth Group Holdings Equity-to-Asset Related Terms

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

Stealth Group Holdings (ASX:SGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Stealth Group Holdings Ltd (ASX:SGI) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

43 Cedric Street, Stirling, WA, AUS, 6021

Website

https://www.stealthgi.com

Stealth Group Holdings Ltd is an Australia based supplier and distributor of safety, industrial, healthcare and workplace consumables products. It is also a provider of supply chain solutions, with a focus on industrial, trade and consumer retail customer markets. The company's geographical segment includes Australia and International market. It derives a majority of revenue from Australia. Products offered by the company include clothing, footwear, first aid, medical consumables, workplace safety, disposable wipes, drilling, automotive and other industrial supplies and others.

Stealth Group Holdings (ASX:SGI) Headlines

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