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iiNET (ASX:IIN) Equity-to-Asset : 0.40 (As of Jun. 2015)


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What is iiNET Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. iiNET's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$393 Mil. iiNET's Total Assets for the quarter that ended in Jun. 2015 was A$993 Mil. Therefore, iiNET's Equity to Asset Ratio for the quarter that ended in Jun. 2015 was 0.40.

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

ASX:IIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.53   Max: 1.5
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of iiNET was 1.50. The lowest was 0.38. And the median was 0.53.

ASX:IIN's Equity-to-Asset is not ranked
in the Telecommunication Services industry.
Industry Median: 0.41 vs ASX:IIN: 0.40

iiNET Equity-to-Asset Historical Data

The historical data trend for iiNET'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.

iiNET Equity-to-Asset Chart

iiNET Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.38 0.39 0.41 0.40

iiNET Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 0.39 0.37 0.41 0.38 0.40

Competitive Comparison of iiNET's Equity-to-Asset

For the Telecom Services subindustry, iiNET'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.


iiNET's Equity-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, iiNET's Equity-to-Asset distribution charts can be found below:

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



iiNET 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.

iiNET's Equity to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Equity to Asset (A: Jun. 2015 )=Total Stockholders Equity/Total Assets
=393.146/992.912
=0.40

iiNET's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=393.146/992.912
=0.40

* 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.


iiNET  (ASX:IIN) 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%.


iiNET Equity-to-Asset Related Terms

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


iiNET (ASX:IIN) Business Description

Traded in Other Exchanges
N/A
Address
iiNET Limited (IIN) was established in 1993 to deliver Internet access services to Western Australia. iiNet has 700,000 customers across Australia, NZ and Capetown. Internet and communication services offered include dialup, broadband and phone.

iiNET (ASX:IIN) Headlines

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