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Just Group (LSE:JUST) Equity-to-Asset : 0.04 (As of Dec. 2023)


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What is Just Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Just Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £1,205.0 Mil. Just Group's Total Assets for the quarter that ended in Dec. 2023 was £31,838.0 Mil. Therefore, Just Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

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

LSE:JUST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.09
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Just Group was 0.09. The lowest was 0.04. And the median was 0.07.

LSE:JUST's Equity-to-Asset is ranked worse than
90.61% of 490 companies
in the Insurance industry
Industry Median: 0.24 vs LSE:JUST: 0.04

Just Group Equity-to-Asset Historical Data

The historical data trend for Just Group'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.

Just Group Equity-to-Asset Chart

Just Group Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.09 0.06 0.04 0.04

Just Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 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 0.06 0.08 0.04 0.04 0.04

Competitive Comparison of Just Group's Equity-to-Asset

For the Insurance - Specialty subindustry, Just Group'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.


Just Group's Equity-to-Asset Distribution in the Insurance Industry

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

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



Just Group 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.

Just Group'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
=1205/31838
=0.04

Just Group'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
=1205/31838
=0.04

* 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.


Just Group  (LSE:JUST) 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%.


Just Group Equity-to-Asset Related Terms

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


Just Group (LSE:JUST) Business Description

Traded in Other Exchanges
Address
Bancroft Road, Enterprise House, Reigate, Surrey, GBR, RH2 7RP
Just Group PLC is a financial service company that offers retirement management services through products, advisory, and professional services. The company's client base includes individuals, financial intermediaries, corporate clients, and pension plan trustees. The insurance segment writes insurance products for the retirement market - which include Guaranteed Income for Life Solutions, Defined Benefit De-risking Solutions, Care Plans, Flexible Pension Plans, and Protection and invests the premiums received from these contracts in debt securities, gilts, liquidity funds, and Lifetime Mortgage advances. The Other segment also includes the group's corporate activities that are involved in managing its liquidity, capital, and investment activities.

Just Group (LSE:JUST) Headlines