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The Keg Royaltiesome Fund (TSX:KEG.UN) Equity-to-Asset : 0.41 (As of Dec. 2023)


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What is The Keg Royaltiesome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Keg Royaltiesome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$106.83 Mil. The Keg Royaltiesome Fund's Total Assets for the quarter that ended in Dec. 2023 was C$260.99 Mil. Therefore, The Keg Royaltiesome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

TSX:KEG.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.4   Max: 0.47
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of The Keg Royaltiesome Fund was 0.47. The lowest was 0.34. And the median was 0.40.

TSX:KEG.UN's Equity-to-Asset is ranked better than
58% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs TSX:KEG.UN: 0.41

The Keg Royaltiesome Fund Equity-to-Asset Historical Data

The historical data trend for The Keg Royaltiesome Fund'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.

The Keg Royaltiesome Fund Equity-to-Asset Chart

The Keg Royaltiesome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.47 0.41 0.37 0.41

The Keg Royaltiesome Fund 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 0.37 0.38 0.38 0.43 0.41

Competitive Comparison of The Keg Royaltiesome Fund's Equity-to-Asset

For the Restaurants subindustry, The Keg Royaltiesome Fund'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.


The Keg Royaltiesome Fund's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, The Keg Royaltiesome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The Keg Royaltiesome Fund's Equity-to-Asset falls into.



The Keg Royaltiesome Fund 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.

The Keg Royaltiesome Fund'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
=106.833/260.985
=0.41

The Keg Royaltiesome Fund'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
=106.833/260.985
=0.41

* 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.


The Keg Royaltiesome Fund  (TSX:KEG.UN) 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%.


The Keg Royaltiesome Fund Equity-to-Asset Related Terms

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


The Keg Royaltiesome Fund (TSX:KEG.UN) Business Description

Traded in Other Exchanges
Address
10100 Shellbridge Way, Richmond, BC, CAN, V6X 2W7
The Keg Royalties Income Fund is a Canada-based company. The organization works in the Restaurant business sector. Its primary activity is operating and franchising keg steakhouses and bar restaurants in Canada and the United States. The target market of this company is those people who want a higher-end casual dining experience.

The Keg Royaltiesome Fund (TSX:KEG.UN) Headlines

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