EverGen Infrastructure (TSXV:EVGN) Equity-to-Asset : 0.59 (As of Dec. 2023)

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What is EverGen Infrastructure Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EverGen Infrastructure's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$55.32 Mil. EverGen Infrastructure's Total Assets for the quarter that ended in Dec. 2023 was C$93.53 Mil. Therefore, EverGen Infrastructure's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

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

TSXV:EVGN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.66 Max: 0.76
Current: 0.59

During the past 4 years, the highest Equity to Asset Ratio of EverGen Infrastructure was 0.76. The lowest was 0.59. And the median was 0.66.

TSXV:EVGN's Equity-to-Asset is ranked better than
80.46% of 517 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs TSXV:EVGN: 0.59

EverGen Infrastructure Equity-to-Asset Historical Data

The historical data trend for EverGen Infrastructure'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.

EverGen Infrastructure Equity-to-Asset Chart

EverGen Infrastructure Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.63

0.76

0.69

0.59

EverGen Infrastructure Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.69	0.66	0.61	0.62	0.59

Competitive Comparison of EverGen Infrastructure's Equity-to-Asset

For the Utilities - Regulated Gas subindustry, EverGen Infrastructure'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.

EverGen Infrastructure's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EverGen Infrastructure's Equity-to-Asset distribution charts can be found below:

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

EverGen Infrastructure 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.

EverGen Infrastructure'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
	=	55.322	/	93.534
	=	0.59

EverGen Infrastructure'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
	=	55.322	/	93.534
	=	0.59

EverGen Infrastructure (TSXV:EVGN) 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%.

EverGen Infrastructure Equity-to-Asset Related Terms

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

EverGen Infrastructure (TSXV:EVGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » EverGen Infrastructure Corp (TSXV:EVGN) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

EVGIF:USA

Address

1050 Homer Street, Suite 390, Vancouver, BC, CAN, V6B 2W9

Website

https://www.evergeninfra.com

EverGen Infrastructure Corp is focused on combating climate change and helping communities contribute to a carbon-free future to develop a Renewable Natural Gas Infrastructure Platform, starting on the West Coast of Canada in British Columbia. The company is established to acquire, develop, build, own and operate a portfolio of renewable natural gas, waste-to-energy, and related infrastructure projects.

Executives