GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (JSE:CND) » Definitions » Equity-to-Asset

Conduit Capital (JSE:CND) Equity-to-Asset : -0.04 (As of Dec. 2021)


View and export this data going back to 1999. Start your Free Trial

What is Conduit Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Conduit Capital's Total Stockholders Equity for the quarter that ended in Dec. 2021 was R-58.5 Mil. Conduit Capital's Total Assets for the quarter that ended in Dec. 2021 was R1,463.2 Mil. Therefore, Conduit Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2021 was -0.04.

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

JSE:CND's Equity-to-Asset is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Equity-to-Asset only.

Conduit Capital Equity-to-Asset Historical Data

The historical data trend for Conduit Capital'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.

Conduit Capital Equity-to-Asset Chart

Conduit Capital Annual Data
Trend Aug12 Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.58 0.32 0.10 0.01

Conduit Capital Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 0.22 0.10 0.07 0.01 -0.04

Competitive Comparison of Conduit Capital's Equity-to-Asset

For the Insurance - Diversified subindustry, Conduit Capital'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.


Conduit Capital's Equity-to-Asset Distribution in the Insurance Industry

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

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



Conduit Capital 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.

Conduit Capital's Equity to Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Equity to Asset (A: Jun. 2021 )=Total Stockholders Equity/Total Assets
=18.044/1408.844
=0.01

Conduit Capital's Equity to Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

Equity to Asset (Q: Dec. 2021 )=Total Stockholders Equity/Total Assets
=-58.546/1463.231
=-0.04

* 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.


Conduit Capital  (JSE:CND) 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%.


Conduit Capital Equity-to-Asset Related Terms

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


Conduit Capital (JSE:CND) Business Description

Traded in Other Exchanges
N/A
Address
2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.

Conduit Capital (JSE:CND) Headlines