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North Americanome Trust (The) (LSE:NAIT) Equity-to-Asset : 0.92 (As of Jan. 2024)


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What is North Americanome Trust (The) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. North Americanome Trust (The)'s Total Stockholders Equity for the quarter that ended in Jan. 2024 was £436.48 Mil. North Americanome Trust (The)'s Total Assets for the quarter that ended in Jan. 2024 was £477.17 Mil. Therefore, North Americanome Trust (The)'s Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.92.

The historical rank and industry rank for North Americanome Trust (The)'s Equity-to-Asset or its related term are showing as below:

LSE:NAIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86   Med: 0.91   Max: 0.95
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of North Americanome Trust (The) was 0.95. The lowest was 0.86. And the median was 0.91.

LSE:NAIT's Equity-to-Asset is ranked better than
65.74% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:NAIT: 0.92

North Americanome Trust (The) Equity-to-Asset Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Equity-to-Asset Chart

North Americanome Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.90 0.91 0.92 0.92

North Americanome Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.91 0.91 0.92 0.90 0.92

Competitive Comparison of North Americanome Trust (The)'s Equity-to-Asset

For the Asset Management subindustry, North Americanome Trust (The)'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.


North Americanome Trust (The)'s Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Equity-to-Asset falls into.



North Americanome Trust (The) 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.

North Americanome Trust (The)'s Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=436.479/477.168
=0.91

North Americanome Trust (The)'s Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=436.479/477.168
=0.91

* 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.


North Americanome Trust (The)  (LSE:NAIT) 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%.


North Americanome Trust (The) Equity-to-Asset Related Terms

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North Americanome Trust (The) (LSE:NAIT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

North Americanome Trust (The) (LSE:NAIT) Headlines

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