Top Shelf International Holdings (ASX:TSI) Equity-to-Asset : 0.47 (As of Dec. 2023)

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What is Top Shelf International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Top Shelf International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$40.11 Mil. Top Shelf International Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$84.65 Mil. Therefore, Top Shelf International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

ASX:TSI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.56 Max: 0.69
Current: 0.47

During the past 4 years, the highest Equity to Asset Ratio of Top Shelf International Holdings was 0.69. The lowest was 0.29. And the median was 0.56.

ASX:TSI's Equity-to-Asset is ranked worse than
56.02% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.505 vs ASX:TSI: 0.47

Top Shelf International Holdings Equity-to-Asset Historical Data

The historical data trend for Top Shelf International 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.

Top Shelf International Holdings Equity-to-Asset Chart

Top Shelf International Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.75

0.56

0.57

0.29

Top Shelf International Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.60	0.57	0.44	0.29	0.47

Competitive Comparison of Top Shelf International Holdings's Equity-to-Asset

For the Beverages - Brewers subindustry, Top Shelf International 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.

Top Shelf International Holdings's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Top Shelf International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Top Shelf International Holdings's Equity-to-Asset falls into.

Top Shelf International 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.

Top Shelf International 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
	=	22.674	/	79.446
	=	0.29

Top Shelf International 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
	=	40.105	/	84.645
	=	0.47

Top Shelf International Holdings (ASX:TSI) 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%.

Top Shelf International Holdings Equity-to-Asset Related Terms

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

Top Shelf International Holdings (ASX:TSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Top Shelf International Holdings Ltd (ASX:TSI) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

16-18 National Boulevard, Campbellfield, VIC, AUS, 3061

Website

https://www.topshelfgroup.com.au

Top Shelf International Holdings Ltd is a beverages manufacturer and distributor in Australia. The company's beverage manufacturing capability includes spirit distillation, maturation, mixing, carbonation along with canning and glass and PET bottling lines for supply into domestic and international markets of non-alcoholic and alcoholic beverages.