Alterra (ASX:1AG) Equity-to-Asset : 0.35 (As of Sep. 2023)

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What is Alterra Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alterra's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$10.34 Mil. Alterra's Total Assets for the quarter that ended in Sep. 2023 was A$29.81 Mil. Therefore, Alterra's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.35.

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

ASX:1AG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.75 Max: 0.97
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Alterra was 0.97. The lowest was 0.35. And the median was 0.75.

ASX:1AG's Equity-to-Asset is ranked worse than
69.49% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs ASX:1AG: 0.35

Alterra Equity-to-Asset Historical Data

The historical data trend for Alterra'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.

Alterra Equity-to-Asset Chart

Alterra Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.76

0.47

0.36

0.45

0.35

Alterra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.36	0.31	0.45	0.38	0.35

Competitive Comparison of Alterra's Equity-to-Asset

For the Specialty Business Services subindustry, Alterra'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.

Alterra's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alterra's Equity-to-Asset distribution charts can be found below:

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

Alterra 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.

Alterra's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.343	/	29.809
	=	0.35

Alterra's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	10.343	/	29.809
	=	0.35

Alterra (ASX:1AG) 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%.

Alterra Equity-to-Asset Related Terms

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

Alterra (ASX:1AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alterra Ltd (ASX:1AG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Saint Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

http://www.alterra.com.au

Alterra Ltd is an asset manager that provides origination, development and management services for land and water assets in Australia. It works directly with landowners and agricultural producers to unlock and reposition water assets through a change in land use, ownership structure, regulatory management and application of technical know-how to create large-scale horticultural assets. Its projects include The Carpenters Project which is involved in Avocado development and Carbon Conscious under which it is involved in the development of land use change opportunities for carbon sequestration in Australia and New Zealand. The company's operating segments include Asset management; Asset development; Business development and Corporate. It generates maximum revenue from the Corporate segment.

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