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A.b.p. Nocivelli SpA (MIL:ABP) Equity-to-Asset : 0.72 (As of Dec. 2023)


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What is A.b.p. Nocivelli SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. A.b.p. Nocivelli SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €67.74 Mil. A.b.p. Nocivelli SpA's Total Assets for the quarter that ended in Dec. 2023 was €94.53 Mil. Therefore, A.b.p. Nocivelli SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.72.

The historical rank and industry rank for A.b.p. Nocivelli SpA's Equity-to-Asset or its related term are showing as below:

MIL:ABP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.71   Max: 0.78
Current: 0.72

During the past 5 years, the highest Equity to Asset Ratio of A.b.p. Nocivelli SpA was 0.78. The lowest was 0.52. And the median was 0.71.

MIL:ABP's Equity-to-Asset is ranked better than
77.06% of 1090 companies
in the Oil & Gas industry
Industry Median: 0.5 vs MIL:ABP: 0.72

A.b.p. Nocivelli SpA Equity-to-Asset Historical Data

The historical data trend for A.b.p. Nocivelli SpA'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.

A.b.p. Nocivelli SpA Equity-to-Asset Chart

A.b.p. Nocivelli SpA Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.52 0.58 0.71 0.71 0.78

A.b.p. Nocivelli SpA Semi-Annual Data
Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.70 0.71 0.72 0.78 0.72

Competitive Comparison of A.b.p. Nocivelli SpA's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, A.b.p. Nocivelli SpA'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.


A.b.p. Nocivelli SpA's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, A.b.p. Nocivelli SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where A.b.p. Nocivelli SpA's Equity-to-Asset falls into.



A.b.p. Nocivelli SpA 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.

A.b.p. Nocivelli SpA's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=62.834/80.288
=0.78

A.b.p. Nocivelli SpA'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
=67.742/94.525
=0.72

* 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.


A.b.p. Nocivelli SpA  (MIL:ABP) 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%.


A.b.p. Nocivelli SpA Equity-to-Asset Related Terms

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A.b.p. Nocivelli SpA (MIL:ABP) Business Description

Traded in Other Exchanges
N/A
Address
Via Padana Superiore 67, Castegnato, ITA, 25045
A.b.p. Nocivelli SpA is engaged in the trading of petroleum products and lubricants. It offers storage, distribution, and customer services. Additionally, the firm provides Facility Management services.

A.b.p. Nocivelli SpA (MIL:ABP) Headlines