The historical rank and industry rank for Sundance Strategies's Equity-to-Asset or its related term are showing as below:
SUND'
s Equity-to-Asset Range Over the Past 10 Years
Min: -2789.5 Med: -19.54 Max: 0.91
Current: -9.79
During the past 13 years, the highest Equity to Asset Ratio of Sundance Strategies was 0.91. The lowest was -2789.50. And the median was -19.54.
SUND's Equity-to-Asset is ranked worse than 100% of 490
companies
in the Insurance industry
Industry Median: 0.24
vs SUND: -9.79
Sundance Strategies Equity-to-Asset Historical Data
The historical data trend for Sundance Strategies'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.
Competitive Comparison of Sundance Strategies's Equity-to-Asset
For the Insurance - Diversified subindustry, Sundance Strategies'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.
Sundance Strategies's Equity-to-Asset Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Sundance Strategies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sundance Strategies's Equity-to-Asset falls into.
Sundance Strategies 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.
Sundance Strategies's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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%.
Sundance Strategies Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sundance Strategies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sundance Strategies (Sundance Strategies) Business Description
Sundance Strategies Inc is a specialty financial services company. It is engaged in the business of purchasing or acquiring life insurance policies and residual interests in or financial products tied to life insurance policies and residual interests involving life insurance policies and financial products. The company focuses on the purchase and sale of net insurance benefit contracts (NIB) based on life insurance policies.
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