Conduit Holdings (LSE:CRE) Equity-to-Asset : 0.66 (As of Dec. 2023)

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What is Conduit Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Conduit Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £780.0 Mil. Conduit Holdings's Total Assets for the quarter that ended in Dec. 2023 was £1,182.0 Mil. Therefore, Conduit Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

LSE:CRE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.8 Max: 1
Current: 0.66

During the past 4 years, the highest Equity to Asset Ratio of Conduit Holdings was 1.00. The lowest was 0.66. And the median was 0.80.

LSE:CRE's Equity-to-Asset is ranked better than
94.09% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs LSE:CRE: 0.66

Conduit Holdings Equity-to-Asset Historical Data

The historical data trend for Conduit 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.

Conduit Holdings Equity-to-Asset Chart

Conduit Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

1.00

0.88

0.71

0.66

Conduit Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.88	0.59	0.71	0.69	0.66

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

For the Insurance - Reinsurance subindustry, Conduit 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.

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

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

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

Conduit 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.

Conduit Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	780.046	/	1181.998
	=	0.66

Conduit 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
	=	780.046	/	1181.998
	=	0.66

Conduit Holdings (LSE:CRE) 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 Holdings Equity-to-Asset Related Terms

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

Conduit Holdings (LSE:CRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Holdings Ltd (LSE:CRE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CNDHF:USA CREl:UK CHO:Germany

Address

94 Pitts Bay Road, Ideation House, Pembroke, BMU, HM08

Website

https://www.conduitreinsurance.com

Conduit Holdings Ltd operates in the insurance industry. The company is engaged in the business of property and casualty reinsurance underwriting. The underwriting business is comprised of three principal divisions: property, casualty, and specialty. The majority is from the property division. Geographically, the majority is from the United States.

Conduit Holdings (LSE:CRE) Headlines

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