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Smurfit Kappa Group (DUB:SK3) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is Smurfit Kappa Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Smurfit Kappa Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5,560 Mil. Smurfit Kappa Group's Total Assets for the quarter that ended in Dec. 2023 was €12,628 Mil. Therefore, Smurfit Kappa Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

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

DUB:SK3' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.29   Max: 0.44
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Smurfit Kappa Group was 0.44. The lowest was 0.26. And the median was 0.29.

DUB:SK3's Equity-to-Asset is ranked worse than
67.18% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.55 vs DUB:SK3: 0.44

Smurfit Kappa Group Equity-to-Asset Historical Data

The historical data trend for Smurfit Kappa 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.

Smurfit Kappa Group Equity-to-Asset Chart

Smurfit Kappa Group 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 0.30 0.37 0.37 0.40 0.44

Smurfit Kappa Group 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 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 0.40 0.40 0.43 0.44

Competitive Comparison of Smurfit Kappa Group's Equity-to-Asset

For the Packaging & Containers subindustry, Smurfit Kappa 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.


Smurfit Kappa Group's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit Kappa Group's Equity-to-Asset distribution charts can be found below:

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



Smurfit Kappa 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.

Smurfit Kappa 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
=5560/12628
=0.44

Smurfit Kappa 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
=5560/12628
=0.44

* 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.


Smurfit Kappa Group  (DUB:SK3) 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%.


Smurfit Kappa Group Equity-to-Asset Related Terms

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Smurfit Kappa Group (DUB:SK3) Business Description

Traded in Other Exchanges
Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (DUB:SK3) Headlines

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