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Greek Organisation of Football Prognostics (ATH:OPAP) Equity-to-Asset : 0.39 (As of Mar. 2024)


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What is Greek Organisation of Football Prognostics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greek Organisation of Football Prognostics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €822 Mil. Greek Organisation of Football Prognostics's Total Assets for the quarter that ended in Mar. 2024 was €2,117 Mil. Therefore, Greek Organisation of Football Prognostics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.

The historical rank and industry rank for Greek Organisation of Football Prognostics's Equity-to-Asset or its related term are showing as below:

ATH:OPAP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.41   Max: 0.74
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Greek Organisation of Football Prognostics was 0.74. The lowest was 0.23. And the median was 0.41.

ATH:OPAP's Equity-to-Asset is ranked worse than
60.36% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs ATH:OPAP: 0.39

Greek Organisation of Football Prognostics Equity-to-Asset Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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.

Greek Organisation of Football Prognostics Equity-to-Asset Chart

Greek Organisation of Football Prognostics 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 0.34 0.30 0.34 0.41 0.35

Greek Organisation of Football Prognostics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.41 0.27 0.35 0.39

Competitive Comparison of Greek Organisation of Football Prognostics's Equity-to-Asset

For the Gambling subindustry, Greek Organisation of Football Prognostics'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.


Greek Organisation of Football Prognostics's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greek Organisation of Football Prognostics's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Greek Organisation of Football Prognostics's Equity-to-Asset falls into.



Greek Organisation of Football Prognostics 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.

Greek Organisation of Football Prognostics'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
=740.651/2100.086
=0.35

Greek Organisation of Football Prognostics's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=822.241/2117.186
=0.39

* 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.


Greek Organisation of Football Prognostics  (ATH:OPAP) 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%.


Greek Organisation of Football Prognostics Equity-to-Asset Related Terms

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Greek Organisation of Football Prognostics (ATH:OPAP) Business Description

Address
112 Athinon Avenue, Attica, Athens, GRC, 104 42
Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.

Greek Organisation of Football Prognostics (ATH:OPAP) Headlines

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