Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Delegat Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$556.2 Mil. Delegat Group's Total Assets for the quarter that ended in Dec. 2023 was NZ$1,105.6 Mil.
Therefore, Delegat Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.
The historical rank and industry rank for Delegat Group's Equity-to-Asset or its related term are showing as below:
NZSE:DGL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.49 Max: 0.52
Current: 0.5
During the past 13 years, the highest Equity to Asset Ratio of Delegat Group was 0.52. The lowest was 0.44. And the median was 0.49.
NZSE:DGL's Equity-to-Asset is ranked worse than 51.15% of 217
companies
in the Beverages - Alcoholic industry
Industry Median: 0.51
vs NZSE:DGL: 0.50
Delegat Group Equity-to-Asset Historical Data
The historical data trend for Delegat 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.
Competitive Comparison of Delegat Group's Equity-to-Asset
For the Beverages - Wineries & Distilleries subindustry, Delegat 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.
Delegat Group's Equity-to-Asset Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Delegat Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Delegat Group's Equity-to-Asset falls into.
Delegat 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.
Delegat Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Delegat Group (NZSE:DGL) 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%.
Delegat Group Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Delegat Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Delegat Group Ltd is a wine production and distribution company. It markets its products under the Oyster Bay and Barossa Valley Estate brands. The group's primary source of revenue is derived by providing wine to third-party retailers and distributors. Its segments are Delegat Limited, Delegat Australia Pty Ltd, Delegat Europe Limited, Delegat USA, Inc, and Others. The group generates the majority of the revenue from Delegat Limited. It sells and markets its product through a combination of subsidiary companies based overseas or to customers and distributors directly in the New Zealand, Canadian, Asian and Pacific Island markets. Rest of the segments act as distributors and supports in the marketing of the products in their respective geographic regions.
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