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Albion Development VCT (LSE:AADV) Equity-to-Asset : 0.99 (As of Dec. 2023)


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What is Albion Development VCT Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Albion Development VCT's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £119.63 Mil. Albion Development VCT's Total Assets for the quarter that ended in Dec. 2023 was £120.41 Mil. Therefore, Albion Development VCT's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

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

LSE:AADV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98   Med: 0.99   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Albion Development VCT was 0.99. The lowest was 0.98. And the median was 0.99.

LSE:AADV's Equity-to-Asset is ranked better than
90.51% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:AADV: 0.99

Albion Development VCT Equity-to-Asset Historical Data

The historical data trend for Albion Development VCT'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.

Albion Development VCT Equity-to-Asset Chart

Albion Development VCT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 0.98 0.99 0.99

Albion Development VCT 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 0.98 0.99 0.99 0.99 0.99

Competitive Comparison of Albion Development VCT's Equity-to-Asset

For the Asset Management subindustry, Albion Development VCT'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.


Albion Development VCT's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Albion Development VCT 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.

Albion Development VCT's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=119.633/120.409
=0.99

Albion Development VCT'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
=119.633/120.409
=0.99

* 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.


Albion Development VCT  (LSE:AADV) 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%.


Albion Development VCT Equity-to-Asset Related Terms

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


Albion Development VCT (LSE:AADV) Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Development VCT PLC is a venture capital trust. Its investment objective is to provide investors with a regular and predictable source of dividend income combined with the prospects of long-term capital growth. This is achieved by establishing a diversified portfolio of holdings in smaller, unquoted companies whilst at the same time selecting and structuring investments in such a way as to reduce the risks normally associated with an investment in such companies. Group's investment portfolio includes various sectors such as IT, cash and cash equivalents, FinTech, education, renewable energy, healthcare, travel and retail, business services, and support services. Albion generates revenue from loan stock interest and dividend income.

Albion Development VCT (LSE:AADV) Headlines

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