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Beneficient (Beneficient) Equity-to-Asset : -0.34 (As of Dec. 2023)


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What is Beneficient Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beneficient's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-172.26 Mil. Beneficient's Total Assets for the quarter that ended in Dec. 2023 was $500.56 Mil. Therefore, Beneficient's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.34.

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

BENF' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.34   Med: 0.22   Max: 0.28
Current: -0.34

During the past 4 years, the highest Equity to Asset Ratio of Beneficient was 0.28. The lowest was -0.34. And the median was 0.22.

BENF's Equity-to-Asset is ranked worse than
98.78% of 1724 companies
in the Asset Management industry
Industry Median: 0.83 vs BENF: -0.34

Beneficient Equity-to-Asset Historical Data

The historical data trend for Beneficient'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.

Beneficient Equity-to-Asset Chart

Beneficient Annual Data
Trend Dec20 Dec21 Mar22 Mar23
Equity-to-Asset
0.22 0.24 0.23 0.21

Beneficient Quarterly Data
Dec20 Mar21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.21 0.28 0.25 -0.34

Competitive Comparison of Beneficient's Equity-to-Asset

For the Asset Management subindustry, Beneficient'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.

Beneficient's Equity-to-Asset Distribution in the Asset Management Industry

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

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


Beneficient 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.

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

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=605.98/2910.695
=0.21

Beneficient'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
=-172.263/500.563
=-0.34

* 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.

Beneficient  (NAS:BENF) 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%.

Beneficient Equity-to-Asset Related Terms

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

Beneficient (Beneficient) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Beneficient (NAS:BENF) » Definitions » Equity-to-Asset
Comparable Companies
SAMG IHIT NPV OXSQ EOD IGI BSL PTMN MHI PCK BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
325 N. Saint Paul Street, Suite 4850, Dallas, TX, USA, 75201
Website
https://www.trustben.com
Beneficient is a technology-enabled financial services holding company that (together with its subsidiaries) provides simple, rapid, and cost-effective liquidity solutions to participants in the alternative asset industry through its end-to-end online platform, AltAccess. BCG's products and services are designed to meet the unmet needs of mid-to-high net-worth individual investors, small-to-midsize institutional investors, family offices, and fund general partners. Its bespoke liquidity solutions for otherwise illiquid alternative asset investments are delivered through proprietary technology and an innovative financing and trust structure. It has three reportable segments consisting of Ben Liquidity, Ben Custody and Customer ExAlt Trusts.
Executives
Gwg Wind Down Trust 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Elizabeth C. Freeman 10 percent owner PO BOX 61209, 700 SMITH ST., HOUSTON TX 77208-1209
Derek L. Fletcher director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Life Usa, Llc 10 percent owner 325 NORTH ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Gregory W. Ezell officer: Chief Financial Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Jeff Welday officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Maria S. Rutledge officer: Chief Technology Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Scott W. Wilson officer: Chief Underwriting Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Samuel Hikspoors officer: Chief Risk Officer 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Richard W Fisher director
James G. Silk director, officer: See Remarks 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Emily B. Hill director 325 N. ST. PAUL STREET, SUITE 4850, DALLAS TX 75201
Gwg Holdings, Inc. 10 percent owner 325 N. ST. PAUL STREET, SUITE 2650, DALLAS TX 75201
Cangany Peter T Jr director 220 SOUTH 6TH STREET, SUITE 1200, MINNEAPOLIS MN 55402
Brad K Heppner director, officer: See Remarks 325 N SAINT PAUL STREET, SUITE 1200, DALLAS TX 75201