Ventia Services Group (ASX:VNT) Equity-to-Asset : 0.19 (As of Dec. 2023)

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What is Ventia Services Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ventia Services Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$570 Mil. Ventia Services Group's Total Assets for the quarter that ended in Dec. 2023 was A$2,934 Mil. Therefore, Ventia Services Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

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

ASX:VNT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.18 Max: 0.19
Current: 0.19

During the past 3 years, the highest Equity to Asset Ratio of Ventia Services Group was 0.19. The lowest was 0.15. And the median was 0.18.

ASX:VNT's Equity-to-Asset is ranked worse than
85.69% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs ASX:VNT: 0.19

Ventia Services Group Equity-to-Asset Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Equity-to-Asset Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.15

0.18

0.19

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	0.15	0.17	0.18	0.18	0.19

Competitive Comparison of Ventia Services Group's Equity-to-Asset

For the Infrastructure Operations subindustry, Ventia Services Group'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.

Ventia Services Group's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Equity-to-Asset falls into.

Ventia Services Group 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.

Ventia Services Group'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
	=	570.2	/	2933.6
	=	0.19

Ventia Services Group'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
	=	570.2	/	2933.6
	=	0.19

Ventia Services Group (ASX:VNT) 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%.

Ventia Services Group Equity-to-Asset Related Terms

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

Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Equity-to-Asset

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.