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K2 Asset Management Holdings (ASX:KAM) Equity-to-Asset : 0.76 (As of Dec. 2023)


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What is K2 Asset Management Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. K2 Asset Management Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$8.51 Mil. K2 Asset Management Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$11.19 Mil. Therefore, K2 Asset Management Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.76.

The historical rank and industry rank for K2 Asset Management Holdings's Equity-to-Asset or its related term are showing as below:

ASX:KAM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.84   Max: 0.92
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of K2 Asset Management Holdings was 0.92. The lowest was 0.36. And the median was 0.84.

ASX:KAM's Equity-to-Asset is ranked worse than
57.41% of 1714 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:KAM: 0.76

K2 Asset Management Holdings Equity-to-Asset Historical Data

The historical data trend for K2 Asset Management 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.

K2 Asset Management Holdings Equity-to-Asset Chart

K2 Asset Management Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.88 0.87 0.90 0.85

K2 Asset Management Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.90 0.85 0.85 0.76

Competitive Comparison of K2 Asset Management Holdings's Equity-to-Asset

For the Asset Management subindustry, K2 Asset Management 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.


K2 Asset Management Holdings's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, K2 Asset Management Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where K2 Asset Management Holdings's Equity-to-Asset falls into.



K2 Asset Management 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.

K2 Asset Management Holdings'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
=8.727/10.307
=0.85

K2 Asset Management 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
=8.511/11.19
=0.76

* 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.


K2 Asset Management Holdings  (ASX:KAM) 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%.


K2 Asset Management Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of K2 Asset Management Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


K2 Asset Management Holdings (ASX:KAM) Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 32, Melbourne, VIC, AUS, 3000
K2 Asset Management Holdings Ltd is an Australia-based fund holding company specializing in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.

K2 Asset Management Holdings (ASX:KAM) Headlines

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