Trident Royalties (LSE:TRR) Equity-to-Asset : 0.73 (As of Dec. 2023)

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What is Trident Royalties Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trident Royalties's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £85.76 Mil. Trident Royalties's Total Assets for the quarter that ended in Dec. 2023 was £117.95 Mil. Therefore, Trident Royalties's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

LSE:TRR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.7 Med: 0.88 Max: 0.99
Current: 0.73

During the past 5 years, the highest Equity to Asset Ratio of Trident Royalties was 0.99. The lowest was 0.70. And the median was 0.88.

LSE:TRR's Equity-to-Asset is ranked worse than
56.44% of 2709 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LSE:TRR: 0.73

Trident Royalties Equity-to-Asset Historical Data

The historical data trend for Trident Royalties'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.

Trident Royalties Equity-to-Asset Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.99

0.97

0.88

0.71

0.73

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial						0.88	0.73	0.71	0.72	0.73

Competitive Comparison of Trident Royalties's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Trident Royalties'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.

Trident Royalties's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trident Royalties's Equity-to-Asset distribution charts can be found below:

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

Trident Royalties 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.

Trident Royalties'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
	=	85.762	/	117.945
	=	0.73

Trident Royalties'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
	=	85.762	/	117.945
	=	0.73

Trident Royalties (LSE:TRR) 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%.

Trident Royalties Equity-to-Asset Related Terms

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

Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.