Seraphim Space Investment Trust (LSE:SSIT) Equity-to-Asset : 1.00 (As of Dec. 2023)

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What is Seraphim Space Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seraphim Space Investment Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £224.33 Mil. Seraphim Space Investment Trust's Total Assets for the quarter that ended in Dec. 2023 was £224.80 Mil. Therefore, Seraphim Space Investment Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

The historical rank and industry rank for Seraphim Space Investment Trust's Equity-to-Asset or its related term are showing as below:

LSE:SSIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98 Med: 1 Max: 1
Current: 1

During the past 2 years, the highest Equity to Asset Ratio of Seraphim Space Investment Trust was 1.00. The lowest was 0.98. And the median was 1.00.

LSE:SSIT's Equity-to-Asset is ranked better than
99.83% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:SSIT: 1.00

Seraphim Space Investment Trust Equity-to-Asset Historical Data

The historical data trend for Seraphim Space Investment Trust'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.

Seraphim Space Investment Trust Equity-to-Asset Chart

Seraphim Space Investment Trust Annual Data

Trend

Jun22

Jun23

Equity-to-Asset

0.98

1.00

Seraphim Space Investment Trust Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.99	0.98	1.00	1.00	1.00

Competitive Comparison of Seraphim Space Investment Trust's Equity-to-Asset

For the Asset Management subindustry, Seraphim Space Investment Trust'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.

Seraphim Space Investment Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Seraphim Space Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Seraphim Space Investment Trust's Equity-to-Asset falls into.

Seraphim Space Investment Trust 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.

Seraphim Space Investment Trust'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
	=	222.397	/	222.825
	=	1.00

Seraphim Space Investment Trust'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
	=	224.328	/	224.801
	=	1.00

Seraphim Space Investment Trust (LSE:SSIT) 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%.

Seraphim Space Investment Trust Equity-to-Asset Related Terms

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Seraphim Space Investment Trust (LSE:SSIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Seraphim Space Investment Trust PLC (LSE:SSIT) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SSITl:UK

Address

20 Fenchurch Street, 5th Floor, London, GBR, EC3M 3BY

Website

https://www.seraphim.vc

Seraphim Space Investment Trust PLC is a closed-ended investment company that invests in Space Tech businesses. Its investment objective is to generate capital growth over the long term through investment in the diversified international portfolio of Space Tech businesses that rely on space-based connectivity or precision, navigation and timing signals or whose technology or services are already addressing, originally derived from, or of potential benefit to the space sector.