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Aquafil SpA (Aquafil SpA) Equity-to-Asset : 0.18 (As of Mar. 2024)


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What is Aquafil SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aquafil SpA's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $136.0 Mil. Aquafil SpA's Total Assets for the quarter that ended in Mar. 2024 was $743.3 Mil. Therefore, Aquafil SpA's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.18.

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

ECNLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.23   Max: 0.26
Current: 0.18

During the past 8 years, the highest Equity to Asset Ratio of Aquafil SpA was 0.26. The lowest was 0.18. And the median was 0.23.

ECNLF's Equity-to-Asset is ranked worse than
87.96% of 1080 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs ECNLF: 0.18

Aquafil SpA Equity-to-Asset Historical Data

The historical data trend for Aquafil 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.

Aquafil SpA Equity-to-Asset Chart

Aquafil SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.23 0.19 0.23 0.24 0.18

Aquafil SpA 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 0.24 0.22 0.21 0.18 0.18

Competitive Comparison of Aquafil SpA's Equity-to-Asset

For the Textile Manufacturing subindustry, Aquafil 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.


Aquafil SpA's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aquafil SpA's Equity-to-Asset distribution charts can be found below:

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



Aquafil 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.

Aquafil SpA'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
=136.589/764.685
=0.18

Aquafil SpA'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
=135.984/743.302
=0.18

* 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.


Aquafil SpA  (OTCPK:ECNLF) 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%.


Aquafil SpA Equity-to-Asset Related Terms

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Aquafil SpA (Aquafil SpA) Business Description

Traded in Other Exchanges
Address
Via Linfano, 9, Arco, Trento, ITA, 38062
Aquafil SpA is engaged in the business of manufacturing polyamides. The company offers fibers for the clothing industry (underwear, hosiery, and technical sports clothing) and textile flooring (carpets and rugs). The company also provides engineering services like the supply of complete production plants, supervision of erection and startups, and designing of plants.

Aquafil SpA (Aquafil SpA) Headlines