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Helios Fairfax Partners (TSX:HFPC.U) Equity-to-Asset : 0.97 (As of Dec. 2023)


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What is Helios Fairfax Partners Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Helios Fairfax Partners's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $474.60 Mil. Helios Fairfax Partners's Total Assets for the quarter that ended in Dec. 2023 was $488.33 Mil. Therefore, Helios Fairfax Partners's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.97.

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

TSX:HFPC.U' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.09   Med: 0.89   Max: 1
Current: 0.97

During the past 8 years, the highest Equity to Asset Ratio of Helios Fairfax Partners was 1.00. The lowest was -0.09. And the median was 0.89.

TSX:HFPC.U's Equity-to-Asset is ranked better than
76.22% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs TSX:HFPC.U: 0.97

Helios Fairfax Partners Equity-to-Asset Historical Data

The historical data trend for Helios Fairfax Partners'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.

Helios Fairfax Partners Equity-to-Asset Chart

Helios Fairfax Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 0.98 0.84 0.83 0.97

Helios Fairfax Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.83 0.83 0.83 0.84 0.97

Competitive Comparison of Helios Fairfax Partners's Equity-to-Asset

For the Asset Management subindustry, Helios Fairfax Partners'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.


Helios Fairfax Partners's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Helios Fairfax Partners's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Helios Fairfax Partners's Equity-to-Asset falls into.



Helios Fairfax Partners 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.

Helios Fairfax Partners'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
=474.596/488.333
=0.97

Helios Fairfax Partners'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
=474.596/488.333
=0.97

* 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.


Helios Fairfax Partners  (TSX:HFPC.U) 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%.


Helios Fairfax Partners Equity-to-Asset Related Terms

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


Helios Fairfax Partners (TSX:HFPC.U) Business Description

Traded in Other Exchanges
Address
95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Helios Fairfax Partners Corp is an investment holding company whose investment objective is to achieve long-term capital appreciation while preserving capital, by investing in public and private equity securities and debt instruments in Africa and African businesses. It is also engaged in property and casualty insurance and reinsurance business.

Helios Fairfax Partners (TSX:HFPC.U) Headlines

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