Aegean Airlines (Aegean Airlines) Equity-to-Asset : 0.17 (As of Dec. 2023)

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What is Aegean Airlines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aegean Airlines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $459 Mil. Aegean Airlines's Total Assets for the quarter that ended in Dec. 2023 was $2,631 Mil. Therefore, Aegean Airlines's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.17.

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

AGZNF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.29 Max: 0.38
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Aegean Airlines was 0.38. The lowest was 0.06. And the median was 0.29.

AGZNF's Equity-to-Asset is ranked worse than
87.54% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs AGZNF: 0.17

Aegean Airlines Equity-to-Asset Historical Data

The historical data trend for Aegean Airlines'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.

Aegean Airlines Equity-to-Asset Chart

Aegean Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.25

0.06

0.14

0.17

Aegean Airlines Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.14	0.13	0.17	0.15	0.17

Competitive Comparison of Aegean Airlines's Equity-to-Asset

For the Airlines subindustry, Aegean Airlines'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.

Aegean Airlines's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Aegean Airlines's Equity-to-Asset falls into.

Aegean Airlines 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.

Aegean Airlines'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
	=	458.854	/	2631.044
	=	0.17

Aegean Airlines'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
	=	458.854	/	2631.044
	=	0.17

Aegean Airlines (OTCPK:AGZNF) 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%.

Aegean Airlines Equity-to-Asset Related Terms

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Aegean Airlines (Aegean Airlines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aegean Airlines SA (OTCPK:AGZNF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AEGN:Greece 32A:Germany

Address

Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019

Website

https://www.aegeanair.com

Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.