Washington H Soul Pattinson (ASX:SOL) Equity-to-Asset : 0.88 (As of Jan. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Washington H Soul Pattinson Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Washington H Soul Pattinson's Total Stockholders Equity for the quarter that ended in Jan. 2024 was A$8,978.9 Mil. Washington H Soul Pattinson's Total Assets for the quarter that ended in Jan. 2024 was A$10,236.9 Mil. Therefore, Washington H Soul Pattinson's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.88.

The historical rank and industry rank for Washington H Soul Pattinson's Equity-to-Asset or its related term are showing as below:

ASX:SOL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55 Med: 0.7 Max: 0.9
Current: 0.88

During the past 13 years, the highest Equity to Asset Ratio of Washington H Soul Pattinson was 0.90. The lowest was 0.55. And the median was 0.70.

ASX:SOL's Equity-to-Asset is ranked better than
80.22% of 804 companies
in the Capital Markets industry
Industry Median: 0.495 vs ASX:SOL: 0.88

Washington H Soul Pattinson Equity-to-Asset Historical Data

The historical data trend for Washington H Soul Pattinson'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.

Washington H Soul Pattinson Equity-to-Asset Chart

Washington H Soul Pattinson Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Equity-to-Asset

Get a 7-Day Free Trial

0.60

0.59

0.55

0.85

0.89

Washington H Soul Pattinson Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.72	0.85	0.90	0.89	0.88

Competitive Comparison of Washington H Soul Pattinson's Equity-to-Asset

For the Capital Markets subindustry, Washington H Soul Pattinson'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.

Washington H Soul Pattinson's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Washington H Soul Pattinson's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Washington H Soul Pattinson's Equity-to-Asset falls into.

Washington H Soul Pattinson 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.

Washington H Soul Pattinson's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	8721.872	/	9797.187
	=	0.89

Washington H Soul Pattinson's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	8978.925	/	10236.918
	=	0.88

Washington H Soul Pattinson (ASX:SOL) 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%.

Washington H Soul Pattinson Equity-to-Asset Related Terms

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

Washington H Soul Pattinson (ASX:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Washington H Soul Pattinson & Co Ltd (ASX:SOL) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

WD3:Germany

Address

151 Clarence Street, Level 14, Sydney, NSW, AUS, 2000

Website

https://www.whsp.com.au

Washington H. Soul Pattinson, or Soul Patts, is a value-oriented investment house which invests in both public and private markets. As an investor, Soul Patts allocates capital with a view to taking a long-term position in its investments and on a passive basis. Long-term holdings in the group's three largest investments—TPG Telecom, Brickworks and New Hope Corporation—contribute more than half of the group's circa AUD 11 billion investment net asset value. A cross-shareholding between Soul Patts and Brickworks was established in the 1960s.