GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Eligo SpA (MIL:ELG) » Definitions » Equity-to-Asset

Eligo SpA (MIL:ELG) Equity-to-Asset : 0.49 (As of Jun. 2023)


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

What is Eligo SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eligo SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €2.00 Mil. Eligo SpA's Total Assets for the quarter that ended in Jun. 2023 was €4.07 Mil. Therefore, Eligo SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.49.

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

MIL:ELG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.49   Max: 0.49
Current: 0.49

During the past 2 years, the highest Equity to Asset Ratio of Eligo SpA was 0.49. The lowest was 0.49. And the median was 0.49.

MIL:ELG's Equity-to-Asset is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 0.56 vs MIL:ELG: 0.49

Eligo SpA Equity-to-Asset Historical Data

The historical data trend for Eligo 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.

Eligo SpA Equity-to-Asset Chart

Eligo SpA Annual Data
Trend Dec21 Dec22
Equity-to-Asset
- -

Eligo SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Equity-to-Asset - - - 0.49

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

For the Furnishings, Fixtures & Appliances subindustry, Eligo 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.


Eligo SpA's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eligo SpA's Equity-to-Asset distribution charts can be found below:

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



Eligo 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.

Eligo SpA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-0.942/0
=

Eligo SpA's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=2.004/4.066
=0.49

* 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.


Eligo SpA  (MIL:ELG) 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%.


Eligo SpA Equity-to-Asset Related Terms

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


Eligo SpA (MIL:ELG) Business Description

Traded in Other Exchanges
N/A
Address
Via Marco D'Oggiono, 1, Milano, ITA
Eligo SpA is dedicated to regaining the original roots of the timeless beauty of Italian, based on the imagination of craftsmen and the elegance of Italian design, with the mission of recapturing the original roots of its beauty. Eligo's partners include artisan's workshops, long-established italian companies, such as Berti Knives, Busatti Fabrics, and Valobra Soaps. The company's projects represent the key concepts of italian living and bring the brand vision into interior design projects.

Eligo SpA (MIL:ELG) Headlines

No Headlines