Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Equity-to-Asset : 0.90 (As of Sep. 2023)

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What is Ecofin Global Utilities and Infrastructure Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ecofin Global Utilities and Infrastructure Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £211.98 Mil. Ecofin Global Utilities and Infrastructure Trust's Total Assets for the quarter that ended in Sep. 2023 was £235.95 Mil. Therefore, Ecofin Global Utilities and Infrastructure Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.90.

The historical rank and industry rank for Ecofin Global Utilities and Infrastructure Trust's Equity-to-Asset or its related term are showing as below:

LSE:EGL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84 Med: 0.89 Max: 0.93
Current: 0.9

During the past 7 years, the highest Equity to Asset Ratio of Ecofin Global Utilities and Infrastructure Trust was 0.93. The lowest was 0.84. And the median was 0.89.

LSE:EGL's Equity-to-Asset is ranked better than
61.41% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs LSE:EGL: 0.90

Ecofin Global Utilities and Infrastructure Trust Equity-to-Asset Historical Data

The historical data trend for Ecofin Global Utilities and Infrastructure Trust'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.

Ecofin Global Utilities and Infrastructure Trust Equity-to-Asset Chart

Ecofin Global Utilities and Infrastructure Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.89

0.86

0.84

0.90

Ecofin Global Utilities and Infrastructure Trust Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial									0.84	0.88	0.90	0.90	0.90

Competitive Comparison of Ecofin Global Utilities and Infrastructure Trust's Equity-to-Asset

For the Asset Management subindustry, Ecofin Global Utilities and Infrastructure Trust'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.

Ecofin Global Utilities and Infrastructure Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin Global Utilities and Infrastructure Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ecofin Global Utilities and Infrastructure Trust's Equity-to-Asset falls into.

Ecofin Global Utilities and Infrastructure Trust 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.

Ecofin Global Utilities and Infrastructure Trust'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
	=	211.977	/	235.945
	=	0.90

Ecofin Global Utilities and Infrastructure Trust'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
	=	211.977	/	235.945
	=	0.90

Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) 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%.

Ecofin Global Utilities and Infrastructure Trust Equity-to-Asset Related Terms

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

Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ecofin Global Utilities and Infrastructure Trust PLC (LSE:EGL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

EGLl:UK

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.ecofininvest.com

Ecofin Global Utilities and Infrastructure Trust PLC is an investment trust which is engaged in portfolio investment. The investment objective of the company is to achieve a high, secure dividend yield on its investment portfolio and to realize long-term growth in the capital value of the portfolio.