GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Mid Cap Investment Trust PLC (LSE:JMF) » Definitions » Equity-to-Asset

JPMorgan Mid Cap Investment Trust (LSE:JMF) Equity-to-Asset : 0.90 (As of Jun. 2023)


View and export this data going back to 1972. Start your Free Trial

What is JPMorgan Mid Cap Investment Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JPMorgan Mid Cap Investment Trust's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £221.97 Mil. JPMorgan Mid Cap Investment Trust's Total Assets for the quarter that ended in Jun. 2023 was £245.81 Mil. Therefore, JPMorgan Mid Cap Investment Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.90.

The historical rank and industry rank for JPMorgan Mid Cap Investment Trust's Equity-to-Asset or its related term are showing as below:

LSE:JMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.86   Med: 0.91   Max: 0.95
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of JPMorgan Mid Cap Investment Trust was 0.95. The lowest was 0.86. And the median was 0.91.

LSE:JMF's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs LSE:JMF: 0.90

JPMorgan Mid Cap Investment Trust Equity-to-Asset Historical Data

The historical data trend for JPMorgan Mid Cap Investment 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.

JPMorgan Mid Cap Investment Trust Equity-to-Asset Chart

JPMorgan Mid Cap Investment Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.92 0.88 0.86 0.90

JPMorgan Mid Cap Investment Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.88 0.90 0.86 0.93 0.90

Competitive Comparison of JPMorgan Mid Cap Investment Trust's Equity-to-Asset

For the Asset Management subindustry, JPMorgan Mid Cap Investment 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.


JPMorgan Mid Cap Investment Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, JPMorgan Mid Cap Investment Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where JPMorgan Mid Cap Investment Trust's Equity-to-Asset falls into.



JPMorgan Mid Cap Investment 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.

JPMorgan Mid Cap Investment Trust's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=221.971/245.814
=0.90

JPMorgan Mid Cap Investment Trust's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=221.971/245.814
=0.90

* 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.


JPMorgan Mid Cap Investment Trust  (LSE:JMF) 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%.


JPMorgan Mid Cap Investment Trust Equity-to-Asset Related Terms

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


JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

Traded in Other Exchanges
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

From GuruFocus

Nuveen MLP Closed-End Funds Announce Termination and Liquidation

By Business Wire Business Wire 05-11-2020

Nuveen MLP Closed-End Funds Eliminate Leverage

By Business Wire Business Wire 03-23-2020

Nuveen MLP Closed-End Funds Provide Update on Liquidation

By Business Wire Business Wire 04-29-2020

Nuveen MLP Closed-End Funds Announce Plan to Liquidate

By Business Wire Business Wire 04-20-2020