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Cordish Dixon Private Equity Fund III (ASX:CD3) Equity-to-Asset : 0.96 (As of Mar. 2024)


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What is Cordish Dixon Private Equity Fund III Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cordish Dixon Private Equity Fund III's Total Stockholders Equity for the quarter that ended in Mar. 2024 was A$130.81 Mil. Cordish Dixon Private Equity Fund III's Total Assets for the quarter that ended in Mar. 2024 was A$135.93 Mil. Therefore, Cordish Dixon Private Equity Fund III's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.96.

The historical rank and industry rank for Cordish Dixon Private Equity Fund III's Equity-to-Asset or its related term are showing as below:

ASX:CD3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 0.97   Max: 1
Current: 0.96

During the past 7 years, the highest Equity to Asset Ratio of Cordish Dixon Private Equity Fund III was 1.00. The lowest was 0.96. And the median was 0.97.

ASX:CD3's Equity-to-Asset is ranked better than
74.61% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:CD3: 0.96

Cordish Dixon Private Equity Fund III Equity-to-Asset Historical Data

The historical data trend for Cordish Dixon Private Equity Fund III'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.

Cordish Dixon Private Equity Fund III Equity-to-Asset Chart

Cordish Dixon Private Equity Fund III Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.99 0.97 0.96 0.96 0.96

Cordish Dixon Private Equity Fund III Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.96 0.96 0.96 0.96 0.96

Competitive Comparison of Cordish Dixon Private Equity Fund III's Equity-to-Asset

For the Asset Management subindustry, Cordish Dixon Private Equity Fund III'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.


Cordish Dixon Private Equity Fund III's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cordish Dixon Private Equity Fund III's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Cordish Dixon Private Equity Fund III's Equity-to-Asset falls into.



Cordish Dixon Private Equity Fund III 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.

Cordish Dixon Private Equity Fund III's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=130.812/135.931
=0.96

Cordish Dixon Private Equity Fund III's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=130.812/135.931
=0.96

* 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.


Cordish Dixon Private Equity Fund III  (ASX:CD3) 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%.


Cordish Dixon Private Equity Fund III Equity-to-Asset Related Terms

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Cordish Dixon Private Equity Fund III (ASX:CD3) Business Description

Traded in Other Exchanges
N/A
Address
Level 32, 1 O’Connell Street, Sydney, NSW, AUS, 2000
Cordish Dixon Private Equity Fund III is engaged in investments in small-to-mid-sized private investment funds and privately held companies predominantly focused in the United States, to achieve capital growth over a five to ten-year investment horizon. It invests in various industries such as Software and Technology, Business Services, Consumer Products and Services, Distribution, Healthcare, and others.

Cordish Dixon Private Equity Fund III (ASX:CD3) Headlines

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