Strip Tinning Holdings (LSE:STG) Equity-to-Asset : 0.51 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Strip Tinning Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strip Tinning Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £5.80 Mil. Strip Tinning Holdings's Total Assets for the quarter that ended in Dec. 2023 was £11.27 Mil. Therefore, Strip Tinning Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

LSE:STG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.51 Max: 0.58
Current: 0.51

During the past 7 years, the highest Equity to Asset Ratio of Strip Tinning Holdings was 0.58. The lowest was 0.35. And the median was 0.51.

LSE:STG's Equity-to-Asset is ranked better than
57.85% of 1312 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs LSE:STG: 0.51

Strip Tinning Holdings Equity-to-Asset Historical Data

The historical data trend for Strip Tinning Holdings'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.

Strip Tinning Holdings Equity-to-Asset Chart

Strip Tinning Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.58

0.50

0.35

0.52

0.51

Strip Tinning Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial					0.35	0.65	0.52	0.57	0.51

Competitive Comparison of Strip Tinning Holdings's Equity-to-Asset

For the Auto Parts subindustry, Strip Tinning Holdings'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.

Strip Tinning Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strip Tinning Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Strip Tinning Holdings's Equity-to-Asset falls into.

Strip Tinning Holdings 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.

Strip Tinning Holdings'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
	=	5.796	/	11.272
	=	0.51

Strip Tinning Holdings'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
	=	5.796	/	11.272
	=	0.51

Strip Tinning Holdings (LSE:STG) 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%.

Strip Tinning Holdings Equity-to-Asset Related Terms

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

Strip Tinning Holdings (LSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA

Website

https://www.striptinning.com

Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.