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Sicily By Car SpA (MIL:SBC) Equity-to-Asset : 0.54 (As of Dec. 2023)


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What is Sicily By Car SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sicily By Car SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €150.2 Mil. Sicily By Car SpA's Total Assets for the quarter that ended in Dec. 2023 was €277.6 Mil. Therefore, Sicily By Car SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.54.

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

MIL:SBC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.54   Max: 0.66
Current: 0.54

During the past 3 years, the highest Equity to Asset Ratio of Sicily By Car SpA was 0.66. The lowest was 0.44. And the median was 0.54.

MIL:SBC's Equity-to-Asset is ranked better than
56.21% of 1087 companies
in the Business Services industry
Industry Median: 0.5 vs MIL:SBC: 0.54

Sicily By Car SpA Equity-to-Asset Historical Data

The historical data trend for Sicily By Car 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.

Sicily By Car SpA Equity-to-Asset Chart

Sicily By Car SpA Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.66 0.44 0.54

Sicily By Car SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset 0.66 - 0.44 - 0.54

Competitive Comparison of Sicily By Car SpA's Equity-to-Asset

For the Rental & Leasing Services subindustry, Sicily By Car 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.


Sicily By Car SpA's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sicily By Car SpA's Equity-to-Asset distribution charts can be found below:

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



Sicily By Car 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.

Sicily By Car 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
=150.208/277.551
=0.54

Sicily By Car SpA'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
=150.208/277.551
=0.54

* 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.


Sicily By Car SpA  (MIL:SBC) 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%.


Sicily By Car SpA Equity-to-Asset Related Terms

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


Sicily By Car SpA (MIL:SBC) Business Description

Traded in Other Exchanges
Address
Via Galileo Galilei, 10H, Bolzano, ITA, 39100
Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

Sicily By Car SpA (MIL:SBC) Headlines

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